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Lack of support infrastructure. Traditional startups being so common have a large market of services, grants, financing, lawyers geared towards them. More of an
by rapind 7y ago
Lack of support infrastructure. Traditional startups being so common have a large market of services, grants, financing, lawyers geared towards them. More of an uphill battle for a co-op. I think even licensing can be an issue in some areas.
Also, there's a significant tax advantage for shareholders (long-term capital gains) vs. income you receive as a worker.
https://github.com/hng/tech-coops https://github.com/hng/tech-coops