@pmarca those who can, do; those who can't, consort. (Thinking @scottmcnealy Sun vs HP/Appolo)
A 'consortium' is a group of monolithic stakeholders who band together to fail in a very costly & drawn-out fashion. https://twitter.com/pmarca/status/740737920269615104 …
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@pmarca happens repeatedly when major banks want to block adoption of new tech or industry standards.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@zackkanter@pmarca It all depends on the objective, the motivation of the parties, and the skill of the lawyer drafting the LLC Agreement.Thanks. Twitter will use this to make your timeline better. UndoUndo
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@pmarca get your news elsewhere if there is any nowadaysThanks. Twitter will use this to make your timeline better. UndoUndo
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@pmarca consortia need a strong leader, like a committee. Don't forget that MasterCard was a consortium: https://en.m.wikipedia.org/wiki/MasterCardThanks. Twitter will use this to make your timeline better. UndoUndo
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