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by TheAntipodean 4839 days ago
Great username.

I've often thought/day-dreamed about such an idea. Not just for a start-up but for a big well established company. If everything was open how would it affect their business dealings etcetera.

I imagine going into negotiations where the opposing party has watched your board of director meetings, looked at your profit margins and ascertained all manner of information pertinent to the negotiations and completely owning the negotiations.

I'd like to think this volatility/risk would occur only in the initial stages and in the long run it would lead to a powerful new business structure. Idealism isn't always reality however.

Given start-ups are fragile taking on this extra risk could be the death pill. How do you propose to deal with these issues if/when they arise?