Had a very interesting call with Blake Jones, the founder of #NamasteSolar, a successful and growing #WorkerCoop in #CO, about the Kachuwa Impact Fund he's organizing that is organized as a #coop and aims to invest in co-ops and "impact real estate" where the tenants are co-ops, b-corps, etc.
The most innovating piece of what he's doing is applying the logic of patronage to equity investment returns through the model of "dollar years." Bascially, the idea is that members get credit for... 1/
@mattcropp "Financializing" cooperatives with the same economic instruments as we're using now is somewhat counter-intuitive to the principles imo. I've seen arguments for a structure with a firewall between the voting rights of the member-owners and financiers - which has come up in the platform-cooperative world frequently. Maybe it's the idea of an "equity stake" that troubles me: how can you justify giving surplus back to equity holders versus using surplus for housing improvements.
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