These are some rough, non-distilled thoughts around the concept of an emerging modern IT force.  This is a continuation of a prior post, but the genesis of my thoughts reach further back to a breakfast on December 11, 2009 with Charles Gave.  It was at this breakfast I was introduced to their idea around the model portfolio company.  In December 2009, the equity markets were well off their lows and we had endured only the first round of QE from the Federal Reserve.  From my memory, the model portfolio company looked like a company that had strong brand awareness, with a strong balance sheet, essentially self funded with no reliance on government or public sector funding, it developed their product set (i.e. intellectual property) in the US, manufactured overseas in low cost centers and was able to optimize their tax burdens by collecting and retaining cash in overseas markets.  There was a back and forth discussion on corporate tax laws, where a company should be domiciled, where it should develop IP to best be legally protected and what the modern construct of the corporation would look like in the coming years. Continue reading →