We’re working with a similar “multi-stakeholder” co-op model, however in our case we include readers / community members as a membership class, and our executve class is the same as our staff or workers.
From the article:
There is room for cooperatives to flourish alongside big competitors, some in the industry say. Craig Shapiro, founder and managing partner at Collaborative Fund, a venture firm based in New York, has backed highflying on-demand platforms including TaskRabbit and Lyft. But he said he saw the selling point of co-ops.
“As a shareholder in some of these businesses, I am hopeful that they’ll all be successful,” Mr. Shapiro said. “But models that reward the members who are generating value will ultimately win.”