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Platform Cooperatives are businesses that use a website, mobile app, or protocol to sell goods or services. Platform cooperatives rely on democratic decision-making and shared ownership of the platform by workers and users. Biggest problem platform co-operatives face is raising capital because the “current venture capital model … is characterized by several features which co-opters are either uncomfortable with or simply cannot accommodate” Platforms face similar difficulties in trying to move into sectors already dominated by Big Tech companies.
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