The NETCorp provides residents and local businesses access to information, ideas, skills, tools, and training that will enhance GCC and enable the community to function more efficiently. The Internet is a key component of this access. For example, through the Internet, the NETCorp will link residents struggling with absentee landlords to intervention programs that have been effective in other cities. Or the NETCorp will link business owners to management training that will prepare them to seek expansion loans or investment. The NETCorp also provides outside investors access to information about the performance of the community, its GCC and its particular business ventures.
Liquid assets trade at a higher multiple than non-liquid assets.
Today, a corporation that trades in the stock market has a market value of about 20 times its annual earnings. Non-traded companies, by contrast, typically have a market value, depending on the business, of less than five times their annual earnings. In other words, making community assets more liquid will increase their value. And increased trade in community assets is key to optimizing GCC in a community. The NETCorp will promote its own high performance by making publicly available consistent and reliable data on the community s performance, its GCC and the profitability of local businesses.