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A comment on Ask HN: Has anyone tried alternative company models (like a co-op) for SaaS?. Parent comment

Re:Ask HN: Has anyone tried alternative company models (like... by waldothedog on Saturday January 18, 2025 @10:58AM (#42749239)
I don’t believe this is a great representation of REI. My understanding of REI, as a member, is that rather than holding shares, I receive a dividend relative to what I spend in each year, and I have access to certain perks, but I cannot elect board members and I cannot earn any additional power through working or volunteering labor for the organization
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Re:Ask HN: Has anyone tried alternative company models (like... by my_username_is_ on Saturday January 18, 2025 @12:10PM (#42749724)
REI Board elections are open to all members. In the last election the REI union recommended not voting for all of the incumbent board members due to their hostility towards the union.

However I believe the board nomination process used to be open, but now only board members can nominate people for a board seat

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