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Fwd: Open Kollab's Pooled Fund Initiative & Minciu Sodas's Economy of Dreams

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  • Janet Feldman
    I share notes below from a long conversation today with Suresh Fernando of Open Kollab http://wiki.openkollab.com http://groups.google.com/group/openkollab I m
    Message 1 of 1 , Dec 22 4:54 PM
      I share notes below from a long conversation today with Suresh Fernando
      of Open Kollab http://wiki.openkollab.com
      http://groups.google.com/group/openkollab

      I'm very encouraged by Suresh's work to create a Pooled Fund Initiative.
      http://docs.google.com/present/view?id=dc4gbgsj_12528qqs9xcj
      http://wiki.openkollab.com/wagn/Pooled_Fund_Project
      My understanding is that this will be a $2,000,000 investment fund that
      provides capital for an ecosystem of dozens of social ventures who are
      interested in making sure they all succeed and can pay back loans so
      they can all access such capital further as needed. Perhaps we can think
      of it as a "credit line for an ecosystem of social ventures" that they
      all work together to make best use of.

      Suresh's leadership is key because he has experience and contacts in the
      investment world and has thought a lot about community and
      collaboration. He's asking:
      * How do I get organizations that have high level of convergence and
      values to work together in ways that allow them to keep their
      independence and autonomy and find points of contact for collaboration?
      * How do we get 100,000,000 people to work on an issue such as global
      poverty?
      What does he want to achieve? Build an organization and institutional
      culture and way of thinking and community formation that will make it
      possible to have a global community - a real time interaction space -
      that could tackle global issues such as not having war.
      His dream is to build a highly scalable open collaboration environment,
      a standing infrastructure, so that 100,000,000 people could work on
      issues like global poverty.

      I'm looking for paid work for myself and my lab, Minciu Sodas
      http://www.ms.lt I think that the connections that Suresh is making and
      uncovering are very helpful for finding such work. It makes sense for me
      and us to join efforts with Suresh Fernando, Sam Rose
      http://forwardfound.org, Steve Bosserman, Michel Bauwens
      http://www.p2pfoundation.net and others who care. I note Tiffany Von
      Emmel's http://www.dreamfish.com recent letter
      http://groups.google.com/group/dreamfish about helping Dreamfish win
      Investor's Circle funding http://www.investorscircle.net Ashoka
      Fellowship Award http://www.ashoka.org/support Social Venture Network
      Innovation Awards http://www.svn.org/index.cfm?pageId=727 Program for
      the Future "tools for collective intelligence" $5,000
      http://www.thetech.org/program_future/ and other opportunities.

      I am organizing an "Economy of Dreams" and I want to do this in parallel
      with the Pooled Fund Initiative and also Dreamfish projects. I am asking
      us to write about our dreams-in-life and then working to create an
      internal economy where we support each other's dreams. For example, my
      own dream to have a 24 hour "help room" (currently, our chat room
      http://www.worknets.org/chat/) as a place to help anybody with any
      problem, large or small, is very much related to Suresh's dream of a
      "real time interaction space" for tackling issues such as global
      poverty. So we can help each other even as we're trying to find paid work.

      Suresh asks for help to build support for a Pooled Fund Initiative and
      certainly I can help find and map potential participants, "social
      ventures" for his ecosystems. My thought is to write a survey that
      includes personal questions (deepest value, investigatory question,
      endeavor, dream-in-life) and social venture questions (such as these:
      http://wiki.openkollab.com/new/Pooled%20Fund%20Project%20Profile ) And I
      will also ask each of us, who else would we want to be sure to include
      in such an ecosystem. That will make for a useful map of our social
      network. It will also suggest what we can do without money, what
      endeavors are most "strategic" in that they catalyze all of our
      endeavors. (Here's a map of endeavors at Minciu Sodas
      http://www.worknets.org/wiki.cgi?Endeavors )

      I can further think and write about economic models that can leverage
      our "dreams". I can look for metrics or systems that point to our
      accountability and how we can restore that. For example, Samwel Kongere
      in Kenya is a key person at Minciu Sodas (has written about 1,000
      letters) but this summer I sent him 1,500 USD to hold and distribute
      upon my request, and he's not been able to explain what he did with a
      significant part of that money. I assume he invested it (perhaps in the
      cereal trade) but I don't know and so it's destroyed our relationship
      until that's resolved. I write this as an example of what we need to be
      able to make transparent and resolve if we want to benefit from
      accountability to each other. How do we pose such questions to each
      other and hold each other accountable? Not simply regarding money, but
      being true to our missions, or at least, our values, which can be our
      strong points and our weak points.

      I'm especially interested in paid work, although a shared credit line
      would be helpful for refinancing credit card loans and a good way to
      practice looking out for each other and being sure to give each other
      work where we can. As I work on the map above I'd also like to look for
      "independent thinkers" and other supportive people in the corporate
      world who might some day help us get work.

      Who might like to work together with me?

      Andrius

      Andrius Kulikauskas
      Minciu Sodas
      http://www.ms.lt
      ms@...
      +370 699 30003


      ------------------------------
      Andrius:
      … 150 active participants
      [18:10:40] … 3000 people getting emails i
      [18:10:47] … all over the world
      [18:11:26] … have 30 clients - mostly small
      [18:11:32] … sample clients
      [18:12:03] … Leon Benjamin - head of business development for eCademy
      [18:14:44] … Business Model
      [18:14:56] … People work for free on own projects
      [18:15:15] … Have interest in public Commons Culture
      [18:15:49] … Need to identify where private co's are strategically
      interested in funding such projects
      [18:17:22] … Have people that want to promote yourself in various
      communities

      ----------------------------

      Suresh:

      Philosophy undergrad
      Investment broker during NASDAQ
      technology and technology finance
      Silicon valley entrepreneurial model
      investment banking group
      5 years consulting
      raised money
      went through personal transformation
      writing
      articulating as an academic
      worked towards masters
      three years later realized wants projects
      came back to the real world
      got involved as an activist and the climate change movement
      wants social value
      highly fragmented, lack of coordination, inefficiencies in such movements
      platform to aggregate and bring people together
      collaboration - thinking about it for ten years
      tried to start such a business eight years ago
      part of Radical Inclusion, consultants and change management specialists
      virtual work, virtual conferences, virtual consultation
      consulting model
      my interest is to take the principles of open collaboration
      innovation strategies
      risk mitigation
      Open Kollab is a change the world project
      not just do research but also do things that are positive
      Pooled Fund idea
      finance background
      social ventures
      inflection point in history
      like the 1960s
      sense of revolution, collective consciousness
      things that were held sacred like free markets are being challenged
      the path that we're on is leading to Armageddon
      management blogs and business leaders, consultants think differently
      polarization - charity, non-for-profits, corporations
      return on capital for those that give money is - 100%
      corporations are funded through traditional means
      what's missing is everything in the middle
      need corporations that are not just funding, need willing to have not
      market returns
      changing organizational culture
      financial markets need to change
      meeting in London last month
      seed capital is missing
      in Silicon valley that's covered by angel investors and seed fund investors
      in social ventures its virtually nonexistent
      take some elements of the Grameen model
      peer lending aspect of their model
      if one of them defaults it impacts everybody else
      build some kind of synergy through a set of projects
      develop some mutual interdependence that will act as a risk mitigator
      for investments
      permeable boundaries, open collaboration
      the timing is right
      looking for clusters, groups of projects
      capitalize them together
      simulataneously, aggresively engaging more people at Open Kollab
      for example, George McCloud
      also working with Peer to Peer Foundation Michel Bauwens and Steve
      Bosserman and Sam Rose
      trying to monetize the work that we're doing
      engage the business community, the enterprise community
      put together that model
      philosophically aligned

      -------------------------------------------------

      Deepest value: coming together as community (tentative)

      Investigatory question: Is war intrinsic to human nature? (previously)
      How do I get organizations that have high level of convergence and
      values to work together in ways that allow them to keep their
      independence and autonomy and find points of contact for collaboration?
      (currently)
      How do we get 100,000,000 people to work on an issue such as global poverty?

      Build an organization and institutional culture and way of thinking and
      community formation that will make it possible to have a global
      community - a real time interaction space - that could tackle global
      issues such as not having war.

      Climate Change Collaboratorium http://cci.mit.edu
      http://www.climatecollaboratorium.org/web/guest;jsessionid=BD7C3048E45ED45CB441344CAFDD449C
      MIT center for collective intelligence
      they have a project for bridging difference

      Dream: Build a highly scalable open collaboration environment, a
      standing infrastructure, so that 100,000,000 people could work on issues
      like global poverty.

      Read Suresh's work:
      http://docs.google.com/present/view?id=dc4gbgsj_12528qqs9xcj
      http://docs.google.com/Doc?docid=0ASJ9wl9qbZEzZGM0Z2Jnc2pfMjVocWM5Nnh0Mw&hl=en
      http://sureshfernando.wordpress.com/more-pragmatic-writings/

      Andrius can:
      * write from the point of view of a idealist participant of these
      economic models, open up needs and possibilities and experience
      * help to identify potential candidates for the ecosystem - sets of
      projects (Suresh)
      * help to map out the social network - ask people who they would want to
      include
      * map that logic out in terms of their dreams - how are these dreams
      fitting together
      * try to figure out metrics for how things are working out in a such
      dual economy
      * what are the deal breakers for the culture
      * find people on the other side of the corporate wall

      How might we get paid?
      Be part of an ecosystem that gets funded.

      Suresh:
      Build support for the Pooled Fund Initiative.
      (Andrius can help most looking for ecosystem participants. Link to
      Economy of Dreams.)

      Can send "An Economy for Giving Everything Away".
      http://www.ms.lt/en/workingopenly/givingaway.html
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