So much of everything is structured around have a single owner, and the few cases where its not its structured around having 2 co-owners, generally assuming a romantic couple.

Like there was a thread yesterday about Eugen and single owners and such but like that is an anti-pattern that is replicated over and over again. What examples do we have of things that are by default set up for group or communal ownership or control?

@imani *Gestures in the general direction of the history of the #coop movement*

http://www.psupress.org/books/titles/978-0-271-06216-7.html

Collective Courage: A History of African American Cooperative Economic Thought and Practice By Jessica Gordon Nembhard

In Collective Courage, Jessica Gordon Nembhard chronicles African American cooperative business ownership and its place in the movements for Black civil rights and economic equality. Not since W. E. B. Du Bois’s 1907 Economic Co-operation Among Negro Americans has there been a full-length, nationwide study of African American cooperatives. Collective Courage extends that story into the twenty-first century. Many of the players are well known in the history of the African American experience: Du Bois, A. Philip Randolph and the Ladies' Auxiliary to the Brotherhood of Sleeping Car Porters, Nannie Helen Burroughs, Fannie Lou Hamer, Ella Jo Baker, George Schuyler and the Young Negroes’ Co-operative League, the Nation of Islam, and the Black Panther Party. Adding the cooperative movement to Black history results in a retelling of the African American experience, with an increased understanding of African American collective economic agency and grassroots economic organizing.

@mattcropp well yes obviously things that set out with the purpose of being that way. Is the default outside of an intentional conscious effort to be that way always the single owner/controller/decider model?

@imani I'd say usually so, especially in the start-up world.

The default arc tends to aim towards the "successful exit" in which the company/project moves from the control of the heroic individual founder to VC/IPO in a liquidity event that formalized the company as a commodity.

A lot of my dayjob work is trying to nudge such folks towards an alternative #EquitableExit via selling the business to the workers...

@mattcropp I like the idea of businesses being sold to the workers but how would the workers be able to afford that?

@imani That's what I especially geek out on. ;)

There are a variety of approaches, but for the #WorkerCoop structure, the workers need to come up with ~2-5% of the sale price, with the remainder financed through a mixture of a seller note, a loan from a movement lender like the Cooperative Fund of New England or Shared Capital Co-op, non-voting preferred shares purchased by community supporters/social investors, etc.

Deeper dive w/ case studies: https://drive.google.com/file/d/0BypebnwZOxymUWJXQjJXWTR1cjg/view?usp=sharing

CFNE et al - Lending Opportunity Of A Generation.pdf

@imani

There's also a small but growing #CoopInvestmentClub movement in the US where folks commit to making monthly investments into a pool and vote on which co-ops to make patient investments into. Our club in VT just turned 3, and we have 24 members who invest between $20 and $200 per month.