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The case for cooperative tech startups – TechCrunch


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When Uber and Lyft went public, it wasn’t the drivers who got rich — it was the executives, investors and some early employees.
In an era when it has become clear that tech executives and investors are frequently the only ones who’ll reap rewards for a company’s success, cooperative startups are getting more attention.
Depending on how it’s set up, a cooperative model offers workers and users true ownership and control in a company; any profits that are generated are returned to the members or reinvested in the company.
In 1895, the International Co-operative Alliance formed to serve as a way to unite cooperatives across the world.
Start.coop, an accelerator for cooperative startups, is just one group trying to facilitate that practice. | To read full story, visit https://startuparound.com/read/1580673607.1794837/The-case-for-cooperative-tech-startups-–-TechCrunch?ref=audio_experience
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