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We http://www.atomised.coop http://www.atomised.coop are a worker's co-operative too and a startup. There are ways to raise finance in the UK certainly because
by almacmillan 15y ago
We http://www.atomised.coop http://www.atomised.coop are a worker's co-operative too and a startup. There are ways to raise finance in the UK certainly because co-ops can have almost any legal structure. e.g we are a limited company with the ability to issue Class B shares (the class A ones are the worker/owner equity). You also get multi-stakeholder co-ops where equity can be divided between investors, workers, customers even. It's called the 'somerset rules' or more commonly multi-stakeholder co-operatives. See http://somerset.coop/somersetrules http://somerset.coop/somersetrules A firsthand example I know is a train company startup. They divided equity between investors 25%, workers 50% and consumers 25%. I've always thought co-ops could really marry well with open-source & startups but startups know nothing about coops and coops know little about startups.