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I do wish that there were was a way to increase the number of startups that were organised as worker cooperatives so that they could be run democratically by th
by beaconstudios 5y ago
I do wish that there were was a way to increase the number of startups that were organised as worker cooperatives so that they could be run democratically by the workers themselves - unfortunately, equity investment precludes this possibility.
- Gaessaki 5y agoOur startup is a multistakeholder cooperative with workers representing 1/3rd of the governance. We’ve also received equity funding. Albeit challenging, raising funds through equity doesn’t necessarily preclude a cooperative structure.
- beaconstudios 5y agoTrue, you can take equity investment if you're a multi-stakeholder coop and that's still a huge improvement over a traditional corporation in terms of worker ownership. Respect for that!