Matt Cropp 🌲🌲@josef Both; I'm the board chair of a start-up co-op, and also the chair of a #coop #investmentclub that doubles as an informal cross-sector organization.
Also, in my dayjob I help with #workercoop conversions.
Just had dim sum with a few #SocialCoop members who are working to get a #coop #investmentclub going in #NYC. Thanks @multijanet et. al. for a fun and delicious afternoon!
Presentation by Joe Riemann of #SharedCapitalCoop on the #CooPrincipal #InvestmentClub model's origins and approach. Personally, I think it's one of the most important organizing tools in the US #coop movement right now... :) https://www.youtube.com/watch?v=3MmNeCc7Mrg
Joe Riemann and Brett Olson, "Democratizing Capital and Investing in Things that Matter"
If you live in #NYC and would potentially be interested in being a founding member of a #Coop Principal model #investmentclub along the lines covered in the below article, HMU... :)
http://www.coopwatercooler.com/discussions//building-to-co-op-movement-base-with-investment-clubs
#platformcoop #newyork #coopfinance #regenerativefinance #economicdemocracy
Building the Co-op Movement Base with Investment Clubs
A perennial conversation in various corners of the co-op world centers on what, exactly, we are? A “movement” or an “industry/sector”? It’s a common enough tension that scholars of cooperation have weighed in with a number of interpretations. In his analysis of the credit union movement, the late h
One pager summary for a proposed one-shot #InvestmentClub to aggregate funds and make a loan to the #KeepBTLocal #coop through which we're attempting to divert a utility #privatization into #mutualization in #btv!
Welcome feedback, thoughts, and potential members: https://docs.google.com/document/d/1rCUWQlLQI1Nsu71PRPCWeKtZ3RDxB2EsIjLrgKcSfnk/edit?usp=sharing
Proposed BT Investment Club Summary
Proposed BT Investment Club Summary Context & Purpose Due to a legal settlement, the City of Burlington must privatize Burlington Telecom by the end of the year, and is currently considering four bids, including one from the Keep BT Local (KBTL) co-op, which aims to maintain local control by tran...
Tonight I'm setting up an inter-club #Loomio group for both existing #coop investment clubs and folks interested in starting a co-op #InvestmentClub in their communities.
If you're interested in being part of that, DM me your email address and I'll add you. We have a monthly conference call on the first Friday at 2pm eastern.
P.S. the "Co-op Principal" club model: http://www.coopwatercooler.com/discussions//building-to-co-op-movement-base-with-investment-clubs #coops #coopfinance
Canvasian@Canvasian I like the idea, but there are some pretty gross actors on there, employee-ownership elements or no (Goldman Sachs???). My approach has been to funnel my retirement $$ through a self-direct IRA to the Cooperative Fund of New England, and my non-retirement #investment $$ goes into my local #coop #investmentclub a la: http://www.coopwatercooler.com/discussions//building-to-co-op-movement-base-with-investment-clubs
Happy #MayDay! I'm celebrating by going to a meeting of the #Vermont #Solidarity #Investing Club tonight to learn about a local #WorkerCoop.
Members invest $20-100/month into the club, and then democratically decide where to #invest the funds to best support the growth of the #coop economy.
If anyone's interested in getting a similar #coops #InvestmentClub going, check this article: http://www.coopwatercooler.com/discussions//building-to-co-op-movement-base-with-investment-clubs
Matt Cropp (now @ social.coop)@strypey We can hope; a side project has been organizing a #platformcoop #investmentclub to try to get the capital mobilization infrastructure in place to be able to move if the opportunity arises...