Learn about the differences between co-op membership and investment.
Working in a Cooperative
Contributor members will work directly on the productions and other initiatives (like community outreach, organization, and content) for a cooperative. An example might be that a theater production cooperative decides to work with a production of Les Miserables set in a Brooklyn basement, or it may be something much more unexpected. The team will need passionate individuals to work on logistics, outreach, and content, and will need to get the word out to the rest of the community. That’s where you come in. You are the lifeblood of the Cooperative. We’re bringing a model that’s been incredibly successful in web3 (direct ownership) to the centuries-old theater production model. As a Contributor member, you’ll be entitled to compensation for your time working on initiatives, you’ll be able to vote on productions and initiatives, and you will also receive dividends and other rewards for your contributions. You’ll work directly with the Stewards, leadership team, and any other committees that the cooperative may put in place to bring theater to the masses. Your ideas will always be valued (sometimes literally) and your input will keep the cooperative running.
Working in a DAO structured as a cooperative can be a unique and rewarding experience, offering several benefits that may not be available in traditional work structures. Here are some of the rewarding aspects of working in a DAO structured as a cooperative:
- Collaboration: In a cooperative DAO, members work collaboratively to achieve shared goals and make decisions collectively. This can create a sense of shared ownership and responsibility for the success of the DAO, as well as a feeling of being part of a community that values collaboration and shared decision-making.
- Democratic decision-making: In a cooperative DAO, decision-making is typically conducted democratically, with each member having an equal say in the direction and operations of the DAO. This can provide members with a sense of agency and autonomy in their work, as well as a feeling of being part of a truly democratic organization.
- Shared benefits: In a cooperative DAO, profits and benefits are shared among members based on their contributions, rather than being distributed based on ownership or hierarchy. This can create a sense of fairness and equity among members, as well as a motivation to contribute and work collaboratively to achieve shared success.
- Flexibility: DAOs structured as cooperatives can often offer a high degree of flexibility in terms of work arrangements, including remote work options and flexible schedules. This can be particularly beneficial for members who value autonomy and work-life balance.
- Social impact: Many cooperatives are founded with a focus on social or environmental impact, and DAOs structured as cooperatives are no exception. By working in a cooperative DAO, members may have the opportunity to contribute to positive social and environmental outcomes, while also earning a living and pursuing their professional goals.
Overall, working in a DAO structured as a cooperative can be a fulfilling and rewarding experience, offering members a sense of collaboration, democratic decision-making, shared benefits, flexibility, and social impact.
Investing in a Cooperative
Some of the potential rewarding aspects of investing in private companies like cooperatives as an accredited investor may include:
- Higher potential returns: Private companies can offer higher potential returns on investment than publicly traded companies. This is because private companies are not subject to the same regulatory requirements as publicly traded companies, and they may have greater flexibility to pursue growth strategies without the pressure to meet quarterly earnings targets.
- Access to innovative and socially impactful ventures: Private companies, including cooperatives, often operate in emerging markets and industries that are not yet accessible to public investors. This can provide accredited investors with access to innovative and socially impactful ventures that have the potential to generate both financial returns and positive social or environmental outcomes.
- Direct involvement in the growth and success of the company: Accredited investors in private companies like cooperatives often have the opportunity to be directly involved in the growth and success of the company. This can include participating in decision-making processes and providing strategic guidance and expertise.
- Diversification of investment portfolio: Investing in private companies like cooperatives can help diversify an accredited investor's investment portfolio, which can help mitigate risk and provide a broader range of potential investment opportunities.
- Personal satisfaction: Many accredited investors who invest in private companies like cooperatives do so because they believe in the mission and values of the organization. This can provide a sense of personal satisfaction and fulfillment, as the investor is supporting an organization that aligns with their own values and priorities.
It's important to note that investing in private companies like cooperatives can also involve significant risk, and it's important for accredited investors to conduct thorough due diligence and seek professional advice before making any investment decisions.