I just read an “exit” proposal in the sfba.social Mastodon server that could be a step towards co-ownership.
The brilliant part is positioning it as an “exit”
This could become a transitional situation towards co-owned, Radical companies.
- The shares of the “owner” and the shares sold to the “employees” have the same rights.
- If the law requires it, there is a Board, but no “Chair.” Think of it as a recurring Leadership Team that meets the requirements of a Board of Directors.
- Every seat on the Board is turned over to a new person on a regular basis.
- All rules governing the Board, are determined by people outside the Board.
- There is no voting. Decisions are made by consent, not consensus.
- If it ever comes to pass, the person with the most RADs is the tie breaker.