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Yeah, I was going to say: this sounds like a bond issuance lol. How boring is that! That said, how cool would it be for companies that make products to issue y
by dclowd9901 9y ago
Yeah, I was going to say: this sounds like a bond issuance lol. How boring is that!
That said, how cool would it be for companies that make products to issue you a portion of the company with every purchase, so that you could actually support them and be supported by them?
- mycall 9y agoCoopCoin
- s73ver_ 9y agoExcept bonds are regulated by the SEC, and are largely understood and able to be traded on open markets. The same cannot be said of this.
- sly010 9y agoI am not sure about the exact structure but REI is set up as a coop.
- dbcurtis 9y agoCoops pay out a patronage dividend to members. Coop accounting is a wierd and special beast, and I won't claim any expertise. Typically a member pays something to belong, that is how ag coops raise some of their capital, for instance. In the REI case, the dividend amounts to a discount on purchases for members. Others pay the full freight. Same goes for ag coops, but the stakes are much larger and the accounting more complicated. There is no reason other businesses can't be structured as coops, but trying to find someone who understands the structure probably requires visiting a land grant university in fly-over land and looking up the business school.
- cat199 9y agoyes.. but a bond issuance on the internet!!!