Yeah but Valve is centralized ownership still. One guy has majority and that makes a difference. A coop could be customer led from get go. 51% customers 49% employees or something like that.
The point being if you structure it as for profit you can charge for things and build a good product. You can make rules that says 100% of the profits have to be redistributed and no one can change that. It’s how many farm co-ops work.
You could do a for profit without investors. Any profit goes back to employees and paying users. Make it the operating agreement from the get go and no one could come in.
Non profit in many places means you can’t sell a service. So you rely on donations. Which means you’re constantly asking for donations.
That’s hard. I like an algorithm I can control. Maybe could do ads in search only. I don’t know. Kind of hate ads.
Think beyond VC backed companies. Those get tons of attention because they need it.
Investors = bad. I whole heartedly agree.
For profit doesn’t have to be bad. What if it were a worker/user co-op. Have a free product and have a paid product. If you pay for the product you get a (just one) vote. If you work for the company you get a vote. Users won’t vote for maximizing profit. But the profit means you don’t have to beg for donations.
Craigslist would be another example. For profit but no major investors so doesn’t have to prioritize profits.
What are they looking at doing for revenue?