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Re: spending other people's money

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From:
Nicholas Clark
Date:
June 1, 2009 08:45
Subject:
Re: spending other people's money
Message ID:
20090601154522.GN55267@plum.flirble.org
On Mon, Jun 01, 2009 at 10:35:57AM -0500, David Nicol wrote:
> Disbursing this alleged eighty grand sounds like a perfect use for
> "The Collaboratron" which is what I call my work in progress
> governance and accounting system.
> 
> http://davidnicol.diaryland.com/090531_6.html
> 
> Wins compared with Nick's proposal:
> 
> 1:  p5p gets a business model, which is, we earn interest on our
> endowment, and disburse that to our participants
> 
> 2: p5p (or the endowment-interest-disbursing committee, or TPF:
> whatever existing or new entity takes this role) gets a formal
> governance system
> 
> 3: claims can be entered for work already done, work done before the
> beginning of the disbursement program.
> 
> 4: no crappy is-a-contract/isn't-a-contract mishigas.  Since there's
> no limit on the pool of "hours you worked on this" it becomes
> perfectly possible to do bug-fixes on clear contract terms.

Losses over Nick's proposal:

I see this:

2: thoroughly inventory the amount of time that has been put in, by all
   involved, somehow (probably by creating some rough guidelines and having
   participants self-account); this amount becomes each person's share. Shares
   can be called for instance "porting hours" with a standard one share per
   hour allocation


Until "somehow" is defined, your plan is a non-starter.

For the rough and ready version, if we're counting existing work too, we just
pay all the money to Jarkko, and be done. That is even more KISS than than
my plan, let alone yours. Far less administrative overhead.

Nicholas Clark

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