True, but if it’s not a traditional business but a coop, you’d probably prefer to have the original investors bee the members. Guess it really depends on if they can scratch up enough to cover startup costs.
Comment on Why don’t more people start profit-sharing companies or co-ops?
grue@lemmy.world 1 month ago
Maybe people won’t become billionaires doing this
And that’s exactly why. Even if the founder wants to be altruistic, the venture capitalists he depends on to get his business of the ground sure as Hell don’t.
treadful@lemmy.zip 1 month ago
nifty@lemmy.world 1 month ago
People upvoting this have no idea, VCs aren’t the only way to fund a business