Startups Need a New Option: Exit to Community

Written by ntnsndr | Published 2019/09/16
Tech Story Tags: startups | funding | ownership | cooperatives | exit-to-community | hackernoon-top-story | startup-exists | mergers-and-acquisitions

TLDR Startups Need a New Option: Exit to Community: exit to community. In E2C, the company would transition from investor ownership to ownership by the people who rely on it most. The mechanism for co-ownership might be a cooperative, a trust, or even crypto-tokens. The community might own the whole company when the process is over, or just a substantial-enough part of it to make a difference. With the transition to community ownership, we get the best of both worlds—the startup, the startup, and the startup itself.via the TL;DR App

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Written by ntnsndr | Nathan Schneider is an assistant professor of Media Studies at the University of Colorado Boulder.
Published by HackerNoon on 2019/09/16