I just wanted to share an article that I saw on LinkedIn talking about cooperatives, and their increasing popularity in recent years.
It’s a bit of a long read, but it’s encouraging for me to see this conversion coming to the forefront.
I think a big part of Resonate’s success will be around communicating how Resonate is a co-op, and the benefits that come with that. Being able to successfully showcase this model in action will also be a great way to educate many people about entirely new oppprtunities for business, and how humans can exchange value and interact with each other in a more just system.
While skimming through the article, I stumbled upon this interesting site called “Seed Commons” which is a network of funds looking to invest in co-ops.
With the little bit that I was able to read on them from the article, they talk about “patient capital” and the potential to borrow a long-term loan from them?
I am not sure loans are the best option when it comes to funding, but just thought I would share incase you weren’t aware.