James McRitchie, CorpGov.netInnovations in Cooperative Ownership: Converted and Hybrid Listed Cooperatives at http://www.uwcc.wisc.edu/pdf/innovationownership.pdf Reviews 50 cases. All involved co-ops moving toward publicly traded companies, most to avoid capital constraints. Some interesting partial spin-offs where co-ops retained control. Nothing going the other way. Still looking for those examples. Closest are those refiling as B-corps. Others?
Matt Cropp 🌲🌲@corpgovnet partial spin off of a #coop from a for-profit, you mean?
@mattcropp Yes, or using different classes of shares to offer board seats to workers or consumers. So far, I am only seeing cases of dual-class shares being used to entrench control, not spread it. There needs to be a middle ground between co-ops constrained by member financing and public companies where you either have property or you are property, in the form of rented slavery.