I’m a part of a similar initiative in Canada called Radish (https://radish.coop https://radish.coop) which is a multi-stakeholder cooperative owned collectively

I’m a part of a similar initiative in Canada called Radish (https://radish.coop https://radish.coop) which is a multi-stakeholder cooperative owned collectively by restaurants, delivery personnel, support staff and consumers. The cooperative develops its own IP and employs its drivers and bike couriers as salaried employees. It’s been quite an interesting challenge. In particular, simple things like getting insurance or finding an auditor have been much harder, since the expertise in the nuances of how coops operate is fairly uncommon. The government itself often seems unsure on how to apply laws or administer programs in regards to us. Financing was a challenge initially, though we’ve made some innovations in that area that have allowed us to access some VC funding. On the other hand, such platforms can truly leverage the collective mass of its users, which is a distinct advantage it has over any traditional corporation. For example, we’ve been able to raise capital from our members who are also shareholders (and not simply just crowdfunders) and our client (member) acquisition cost has been significantly lower than our competitors, though it’s too early to say whether that’ll stay the course with scale.