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From open source to open company

March 25, 2009

Open source has been with us for ages, but the concept of an Open Company is brand new. One small software firm, e-text editor, is converting itself into an Open Company in what looks like a very interesting experiment. The idea is basically to allow people to get compensate fairly for work they are passionate about with any of the politics, systems , etc that come with typical corporate entities.

It’s a brave and bold experiment that clearly has some ways to go before wide scale adoption, but in a age where the basic fundamentals of a corporation are being challenged from a number of angles, this looks like a worthy effort.

Posted by Ed Cotton

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