3 ms·

So then how could it remain a co-op?

• sitharus 2y ago
  To remain a co-op, in the sense that most co-operatives operate, they cannot remain a cooperative and take on equity funding from non-contributing parties. There's just no way to do this. An external party could agree to debt funding with deferred repayments, but they can't link repayments to profit. Hence the structure of Nebula - a regular stock LLC with a constitution that has an exit trap.