Re:The man who killed Google Search
by dbingham on Tuesday April 23, 2024 @11:22PM
(#40140147)
The hard part about starting worker owned co-ops is financing. We need good financing systems for them. People/firms who are willing to give loans for a reasonable interest, but on the scale of equity investment in tech start ups.
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Re:The man who killed Google Search
by reverius42 on Wednesday April 24, 2024 @06:41AM
(#40142744)
The problem is risk —- most new businesses will go under. Who’s going to take on that unreasonable risk without commensurate reward (high interest loan rate, if any, or equity).
Co-ops could go the angel/VC route for funding if they don’t give up a controlling share.