We’ve been thinking hard about ways to ease into the co-ownership model and we've been trying different things out. Then, just this morning I realized that K2K Emocionando, in Bilbao, Spain,^∇ has already been running this experiment for quite a while. K2K is in the business of helping Fiat^∇ business transform into co-managed companies. At least, that is how they talk about it and how I thought of them. But their model also includes a split of the profits between the Fiat owners and the co-owners (i.e., the people formerly known as employees).

In our book, RADICAL COMPANIES we assumed no split at all. Today the business is owned 100% by the Fiat owners, (magical) transaction happens, and tomorrow the company is owned 100% by its co-owners. K2K on the other hand starts and ends, at least at the 30,000 foot level, with a 70-30 split. I had not realized until this morning that these two approaches were points on the same spectrum,

It would be ideal now to get data, or at least testimonials, from the Fiat owners as to how it has been for them. Particularly, I’d like to know if their dividends have gone up or down or sideways.

Of course, the next step would be to move them from 70% to 60% to… to 0%! And that's where rHatchery^∇ and Krisos^∇ (and, of course, K2K) have an opportunity.

ENDNOTES

• K2K Emocionando. <https://radicals.world/KozIZu>

• Matt Perez, Adrian Perez, Jose Leal. RADICAL COMPANIES: Without Bosses or Employees. 2021. <https://radicalcompanies.com>. Alternatively, you may want to read the shorter RADICAL COMPANIES: For the Impatient. <https://radicalcompanies.com/2022/05/03/radical-companies-for-the-impatient.html>.

• rHatchery <https://radicalcompanies.com>.

• Krisos <https://krisos.eu/>.

CREDITS

The icon image Galileo’s Falling Bodies Experiment, is by Gary Brown.