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January 30, 2008

Stockcamp

This week the whole Socialtext team is in the office for a F2F meeting and we just had a session on VC 101.  It dawned on me that education about how venture capital, and specifically employee stock options, is in high and continual demand.  For a venture backed firm, officers find themselves unable to answer many questions without making forward looking statements that would be a liability. 

Thanks to blogging there is more information on this topic available to anyone, but it is outside the competencies of many kinds of employees and even some founders. Getting a firm understanding requires a lot of Q&A in personal context. 

I'm wondering if there is interest in a Barcamp about stock.  Perhaps everyone would need to sign a waiver promising not to actually follow any of the advice, but you could involve accountants, lawyers and VCs.  I don't think it would be longer than an afternoon and it would be in the interest of startups to send their employees to participate.  After all, isn't it a core motivator in the valley?

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    • Ross Mayfield is the Chairman, President & Co-founder of Socialtext, the first wiki company and leading provider of Enterprise 2.0 solutions,
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