Posts by joelleichty@social.coop
 (DIR) Post #Ak8yG3qg0o7JpnhlB2 by joelleichty@social.coop
       2024-07-21T04:11:52Z
       
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       @strypey It’s not only finding funding.You could have a scenario where two people want to start a lemonade stand coop together but only one is willing to risk the start up capital.How do we calculate a risk adjusted return on that money? How do you let people run something democratically while also protecting an investment?I think sometimes capitalism seems obvious because it’s simpler at the start. We need templates for coops that make it as simple.
       
 (DIR) Post #AkAxDkPRbWyxKNDh8S by joelleichty@social.coop
       2024-07-22T03:09:44Z
       
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       @strypeyI would say it as: we are not driven to keep the surplus value of other people’s labor for ourselves.But what I want to resist is the idea you cannot want your business to make loads of money. My hope is that every employee at Cooptimize makes way more money than they would make working for capitalists.
       
 (DIR) Post #AkAxsQjrdzqQC2Ac6a by joelleichty@social.coop
       2024-07-22T03:17:21Z
       
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       @strypey I’ll have to think about bonds (and how that’s different than debt). 🤔My hope is we can come up with some more standards for start ups. It’s hard enough just starting a business without also trying to learn all this coop stuff. I think we need better coop templates for the early stages.Then once a business is sustainable, have another template for what’s next.
       
 (DIR) Post #AkB2pv5IrWUND8ovGi by joelleichty@social.coop
       2024-07-22T04:12:51Z
       
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       @strypey We agree.Part of the confusion is that we use typical business terms like “Profit” and “Profit Sharing” not “Surplus” and “Patronage”. So I don’t think about them as being different. Those things make sense for some types of coops, but I think worker coops’ financials can look like any other business.
       
 (DIR) Post #AkBI39EB5XNe9UjlA0 by joelleichty@social.coop
       2024-07-22T07:03:07Z
       
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       @strypey Legally “Preferred Shares” is probably it. A form of non voting shares with a built in Dividend. And rules for how they can be repurchased.
       
 (DIR) Post #AkJJhjQ7bAYFCgv1Wa by joelleichty@social.coop
       2024-07-26T03:59:31Z
       
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       @strypey Preferred shares you don’t necessarily have to return the capital. And bonds have a lot more legal requirements.
       
 (DIR) Post #AkV9U69zaW7A1zkoOe by joelleichty@social.coop
       2024-07-31T21:01:32Z
       
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       @strypey @jlou Our worker cooperative makes money consulting on Microsoft business products for large enterprise clients.Life is complicated.