With the amount of memes used throughout and constant informal langauge i'm not sure if this is a serious post or if i'm missing out on a joke. Not really sure if it was trying to put specific point across either
The core point as I understood it: the internet is quickly blurring the line between a company and a group of friends working together. Two of the limiting factors are our communication tools and financial/corporate structures.
My take: as this model become more prevalent, more alternatives to traditional employment and education routes open up allowing creators, researchers, and engineers to work on interesting problems without having to find one another through educational institutions and corporations.
I couldn't quite make it through all the memes, because I found them too annoying, but I believe that, at least over here, the Squad would likely form a GbR ("Gesellschaft bürgerlichen Rechts"), which includes individual liability for everything done within that company. It's somewhat fuzzy what's part of the Squad's work, but essentially you could be on the hook for something your buddy does with your personal savings, without limit. It's probably better to formalize it and choose a limited liability company.
Australia has 3 "corporate" trading structures and trusts for holding assets:
* Sole Trader
* Company
* Partnership
https://www.business.gov.au/planning/business-structures-and...
The subject is interesting but I too am having more difficulty comprehending than I expected.
At least in this case, they still provide for a voluntary collective of shared capital. If only our current system had a way to do that, hmmm...