Hier die E2C-Vorentscheidsgewinner, gekürt auf der Anime Messe Babelsberg 2023! #e2c #preliminary #cosplay #contest #results #tolouse

@Dogzilla @Benfell @weaselx86 @vikxin @Radical_EgoCom @duckwhistle One thing I've heard of is "exit to community". Startups are private but then to "go public" they are sold to the community as cooperatives. VCs can still invest, but the end goal is a company that the community wants to own, not one that extracts resources from it. It shifts the the incentives away from a focus purely on profitability even when the company is still private.

#ExitToCommunity
#E2C

@SearingTruth @Wildduck @Jyoti I'm told the term for this is #ExitToCommunity or #e2c. But that term can apply to voluntary "exits" via conversion to a cooperative. I'd like to see a systemic change that requires by law that this is the only method by which a company can "go public". We will be better off without the stock market and the volatility it introduces into our economy, anyway.

@JessTheUnstill #ExitToCommunity #e2c

If you want to build an organization that benefits the community, your long-term exit plan should be to hand it off *to* the community. Convert it to a #cooperative when you are ready to move on.

The people who are most likely to have the community's best interests at heart will always be the members of that community.

@tezoatlipoca @kakurady @soatok @shlee

#ExitToCommunity #E2C

If instead of IPOs, companies were converted into coops for the final cash out, we wouldn't have this problem. Company value would be measured in terms of service and benefit to the community, instead of revenue growth, because that's what would drive share prices. The root of the problem is that shareholders and investors are 3rd parties outside the community, being neither workers nor customers. This is where the perverse incentive to maximize profit (resource extraction) instead of maximizing utility to the community comes from.

@ryanhoulihan @bouriquet @fcktheworld587 Incidentally, I learned recently that a company going public by converting to a #coop is not a new idea. It's called #ExitToCommunity, or #e2c for short.

It turns out I'm not the first to have come up with the idea. It's called #ExitToCommunity.

(Thanks, @clacke and @Marc.)

#e2c

@Brendanjones I don't think it's a #coop yet, but they're trying to move in that direction. They still need to raise enough money from the community to pay back their unusually patient initial investors, and decide how the new organization will govern itself. #e2c

https://opencollective.com/e2c

@Brendanjones As a matter of fact, we're not a co-op at this point. However, we're currently working toward a similar goal, we name it "Exit to Community" #e2c https://opencollective.com/e2c

@dajb @mpjgregoire

Definitely.

We also need to develop mechanisms by which founders of co-ops can be better rewarded if they take disproportionate risk/effort in the early stage.

It is one reason why I'm so optimistic about #exit2community movement. The founder starts off as a conventional company and then sells it to the workers/customers/etc. for a compensation they both agree on.

Ideally they would start off with a coop right away, but #E2C can be a more appealing approach for many.

RT @opencollect@twitter.com

Exit to Community inspiration #e2c

Great to see the Perpetual Purpose Trust framework in action 🙌🏻

https://opencollective.com/e2c https://twitter.com/patagonia/status/1570151257112969216

🐦🔗: https://twitter.com/opencollect/status/1570344400273678336

RT @opencollect@twitter.com

#e2c Deep dive: community stewardship of @opencollect@twitter.com through a Perpetual Purpose Trust ⚖️

Dive in and explore this possible exit to community solution 💡 http://www.blog.opencollective.com/ppt

#exittocommunity

🐦🔗: https://twitter.com/opencollect/status/1524575909998895105

RT @alvinlourdes@twitter.com

An interesting writeup on a 3rd exit option for startups - Exit To Community.
The 2 most common exit events for startup are 1 - Selling the company to a bigger company or 2 - Selling to retail investors as an IPO.

https://hackernoon.com/startups-need-a-new-option-exit-to-community-ig12v2z73
#web3 #DAO #E2C

🐦🔗: https://twitter.com/alvinlourdes/status/1517917369439596544

RT @jdorfman@twitter.com

Love this: Exit to Community #E2C

Props to @piamancini@twitter.com and co

https://opencollective.com/e2c

🐦🔗: https://twitter.com/jdorfman/status/1501419445935165440

RT @opencollect@twitter.com

@piamancini@twitter.com our CEO on #exittocommunity #e2c

Interested in understanding more about our exit to community journey - http://www.opencollective.com/e2c ✨

🐦🔗: https://twitter.com/opencollect/status/1501057573541539844

RT @todrobbins@twitter.com

should have gone the @exittocommunity@twitter.com #exittocommunity #e2c route 😔 @opencollect@twitter.com @ntnsndr@twitter.com https://twitter.com/Bandcamp/status/1499068917947510788

🐦🔗: https://twitter.com/todrobbins/status/1499084089978068994

RT @UnlockProtocol@twitter.com

First up: Exit to Community from #E2C is developing alternatives to the standard model of the startup “exit” by maturing into ownership by their community of stakeholders. #E2C launched by @ntnsndr@twitter.com cc @daspitzberg@twitter.com @piamancini@twitter.com /2

🐦🔗: https://twitter.com/UnlockProtocol/status/1481444110342914053

@Matt_Noyes yes, I think it's a great roadmap for companies that truely work for their community. #E2C

RT @ElaKagel@twitter.com

Interesting online resource for #ExitToCommunity #E2C and how it can work: https://e2c.how/ E2C is a path for startups to become owned and controlled by users, workers, and stakeholders who value and depend on the startup. #NewCommonSense by @ntnsndr@twitter.com & @Zebras_Unite@twitter.com

🐦🔗: https://twitter.com/ElaKagel/status/1460670785761255424

Oceaneditors.com is looking for a new senior advisor. The ideal advisor is committed to the development of #workercoop enterprises and specifically the #exit2community #E2C structure, and can guide us in our objective to expand our client base within the academic science sector and beyond.

@ntnsndr @mattcropp