Virtual Peer Collaboration Startup Launched

Thanks to Cory Sorice of Invequity.com for pointing me to a Fast Company report: The Wisdom of Crowds (Beta Version) , published December 2005, which reviews a radically different internet startup called The Business Experiment (TBE) which aims to create new ventures through the power of totally virtual peer to peer collaboration (P2P).

The underlying model is “commons-based peer production” a new non-hierarchical fully transparent form of work. TBE has already agreed its first P2P collaborative online venture through its virtual discussion and voting process. One of the main headaches reported by TBE founder Rob May is getting the participants to move beyond ideas into committed action.

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