3 ms·
Not being able to buy or sell equity sounds like a crippling problem for coops. One coop cannot even invest in another coop.
by skookumchuck 9y ago
Not being able to buy or sell equity sounds like a crippling problem for coops. One coop cannot even invest in another coop.
- vertex-four 9y agoI'm not sure why it's a crippling problem. (Most SMEs outside the tech industry do not sell equity to raise funds, and the general point of a co-op tends to be to provide a living for its workers, not to take over the world.) The crippling problem is that nobody will lend to you even where traditional businesses could borrow.