added by sari · updated 2y ago
The Ownership Crisis
- The economy has been all about scale over the past fifty years. But we’re about to think about scale and ownership very differently. The next great organizations won’t be the ones with the shiniest bells and whistles. They’ll be the ones that share equitable ownership based on a wider set of values. Collective ownership is a next step towards a mor... See more
from The Ownership Crisis by Yancey Strickler
sari added 3y ago
- Collective ownership can take a number of forms: unions, Employee Stock Ownership Plans (ESOPs), and stock options are all related. But the most important means of collective ownership will be the resurgence of an old model: the co-op.
from The Ownership Crisis by Yancey Strickler
sari added 3y ago
- Ownership is inaccessible to most people. It’s either bought (through stocks/investments), created (starting something of your own), inherited (born lucky), or earned (employment-based equity). None of which are easy to attain. Few families have extra income to invest. Starting a business is harder than ever (entrepreneurship rates in the US are ha... See more
from The Ownership Crisis by Yancey Strickler
sari added 3y ago
- Ampled is a Patreon-like subscription service for musicians structured as a co-op. As a co-op, Ampled is completely owned and controlled by the musicians who use it and the workers who built it. Ampled is initially funded through debt instruments that give investors zero equity and that cap financial returns at 3x their investment
from The Ownership Crisis by Yancey Strickler
sari added 3y ago
- The four million people who drive for Uber probably own less of the company combined than a single dentist in New Jersey with Vanguard in their portfolio.
from The Ownership Crisis by Yancey Strickler
sari added 2y ago
- This hardening will reveal the root problem. Despite many people contributing to the tools and services that now dominate our lives, most people have no stake in them. To cite just one example, the four million people who drive for Uber probably own less of the company combined than a single dentist in New Jersey with Vanguard in their portfolio.
from The Ownership Crisis by Yancey Strickler
sari added 3y ago
- Half-baked theory: In the future there will be 100 companies, 10,000 countries, and 10,000,000 co-ops.
from The Ownership Crisis by Yancey Strickler
sari added 3y ago