All 3 of my coops (#CohereCoop, #ZincCoop, #FifthPlaneCoop) are producer coops.
Cohere generates 6ish figures in revenue annually through professional services and SaaS sales/subscription. It's been profitable from the start (I converted my old solo consultancy) so member buy ins weren't necessary to fund operations; so we keep our buy in pretty low. ($2k, IIRC)
Fifth Plane generates 4~6 figures via dividends in the shared assets (it is the holding company for a bootstrapped startup that transitioned to employee ownership, but has no other activities)
Startup costs were minimal (higher than necessary... that was my bad) so member buy in is $500/member, and members are eligible after spending 2 years working at the subsidiary.
Zinc generates 3~4 figures. Member buy ins were used to fund operations as we explored revenue models; but which were ~$2k IIRC.
I wrote a little bit about the philosophy underpinning #CohereCoop, the #Cooperative behind #OpaVote (and in part behind #TransparentClassroom)
https://www.cohere.coop/writing/move-slow-and-shape-things
TL/DR: We believe that slow, intentional movements nurture trusting relationships between team-members and our clients; and that high-trust relationships result in better products and service.
Two of my #Cooperatives got written up in #CounterPunch. They interviewed @anaulin who is a member of both #CohereCoop and #ZincCoop.
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#TechCooperatives #TechForGood #SocialJustice #EconomicJustice #WorkerCooperatives
Zee
Alan McConchie