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FC Member Blog

Investing in the Support Economy

BY Heath RowFri Jul 23, 2004 at 9:32 PM
This blog is written by a member of our blogging community and expresses that member's views alone.

John Maloney recently announced the organization of a new group called Support Economy Ventures that aims to bring together a community of entrepreneurs, venture capitalists, "deep support professionals," and other business leaders working to develop the next chapter in capitalism.

Based on the work of James Maxmin and Shoshana Zuboff, a Fast Company contributor who also hosts a small discussion group here, the group is holding a number of investment seminars in New York and San Francisco.

The principles espoused by the group are worth considering:

  • All value resides in individuals.
  • Distributed value necessitates distributed structures among all aspects of the enterprise.
  • Relationship economics is the framework for wealth creation.
  • Markets are self-authoring.
  • Deep support is the new meta-product.
  • Federated support networks are the new competitors.
  • All commercial practices are aligned with the individual.
  • Infrastructure convergence redefines costs and frees resources.
  • Federations are infinitely configurable.
  • New valuation methods reflect the primacy of the individual.
  • New consumption means new employment.

Topics:

Management, business development, John Maloney, Shoshana Zuboff, San Francisco, James Maxmin, Support Economy Ventures


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Recent Comments | 4 Total

July 23, 2004 at 11:25pm by Peter Rees

Interested to see what happens with SEV in New York ... what is the broader Fast Company involvement??

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July 26, 2004 at 1:35pm by Jon Leer

This sounds like a rehash of the franchised Venture Capital Club forums of the 1980s, where VCs, bankers, accountants and attorneys invited entrepreneurs to attend a monthly forum to sell their case. A great way to filter through who's who in entrepreneurs and entrpreneur-wanna-bes.

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July 27, 2004 at 4:22pm by Katherine Stone

Did the Support Economy group go away? For a while I was receiving a lot of emails and then they stopped. So I just re-signed up and clicked on the link to read the most recent messages and there were none. Did I screw something up, or is it on hiatus?

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July 28, 2004 at 3:17pm by James Murray

Looking for alittle help or advice, I have the idea now I need to find what to do with it,were do I go from here?

BUILDING THE GREAT AMERICAN COMPANY

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Much like building a house I propose to start from the ground up. We would recruit student from the best colleges and universities, finance, marketing, economics and engineering.
Their goal will be to present ideas to form the building blocks of the company from their respective expertise. Each idea "block" is then scrutinized for soundness as pertaining to the building of the company by a panel of proven experts.
The panel of experts, drawn from today's top companies, will add insight into each idea "block" as to which idea is most prudent to successful construction of the business.
The ideas presented during each episode are voted upon the home viewing audience) and adopted into the business model
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Building America strong together!
With your help we can get there!

Your friend in NJ
Jim Murray
(609)518-3552
Cell (609)230-1951

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