883 karma · joined November 5, 2011
75% of its workers are food insecure. 63% can't pay their bills. Many are on food stamps.
[@DanPriceSeattle's comment from Twitter]
A smarter move by politicians would be use these same dollars to support worker owned co-ops in a greater way. They have proven to be more efficient as a businesses model and better at shifting money to more hands. Plus, good jobs for the workers :)
I'd love to see YC support CO-OPs!
But if you aren't interested, I get it. Once again, I apologize.
Yeh the plastic industry seems to have sold the world on a lie.
That said, if you want to stay in touch we created a google form to stay in the loop. Thank you for the feedback and sorry for inconvenience. https://docs.google.com/forms/d/e/1FAIpQLSdhUEMiZnaWbHAhhioC...
They aren't a worker owned co-op so that means they face the same economic pressures as any traditional investor owned business. They lack most of the amazing aspects of a worker owned co-op that I mentioned.
Grove is great. We need honestly need more companies like them!
B corps are cool and we consider it, but they aren't really well regulated. What it means to be a B Corp is a bit vague. Being a CO-OP basically bakes into our DNA being "evil"(not exactly, but there are additional measures that will allow for it, ie. being a multi-stakeholder co-op for example which is our plan).
So the product and service is #1. We have various ideas how to execute this. This doesn't mean we believe we can "beat" Amazon. That isn't our goal at all, nor does it need to be. Our goal is to make it easy and convenient for the average American to shop sustainable friendly products.
That said, because it's worker owned co-op vs an investor owned business there is potential to actually build "a customer centric company" ;) This is bc unlike Amazon we aren't under same economic pressures as a typical VC or investor owned company.
Plus, there is growing concern around income inequality, job security and general democracy both in the work place and in society. Consumers are looking for alternatives. By building this as a worker owned co-op we address all these things and more.
Yes "content" or product/service is king, but by building it as a worker owned co-op we may actually have a market advantage that consumers will be able to see.
Thanks again :)
Hey everyone! The response to this post has been really great and encouraging. Unfortunately we had to close our general admission bc the response was too much for a zoom call...oops! If you want to stay in touch or interested, but can't buy a ticket at this point please check out our google form. Thank you!! https://docs.google.com/forms/d/e/1FAIpQLSdhUEMiZnaWbHAhhioC...
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Hey folks, I'm Vivek! I'm excited to share my vision for ending the plastic epidemic and The Sustainable CO-OP Store.
Our vision is to create an Amazon-like online store, along with a physical location, but only for sustainable friendly products.
Instead of building this startup as a traditional investor-backed company, we have decided to create it as a worked-own cooperative. There are many reasons why worker-owned co-ops are amazing. Greater financial equality between all workers, increased business stability, a democratic workplace, community-centric and much more. Still, the thing that I believe is most powerful about a worker-owned co-op is that it's mission-driven over financially driven.
When we complain about how farms use various chemicals in our food or how social media companies are continually trying to get us to use their apps, it's because these companies are under pressure to grow their profits--quarter after quarter, year after year. They have investors who demand growth, which often forces them to compromise their products and services to meet these demands.
Worker-owned co-ops generally don't have those same pressures because the workers, not the investors, own the business. And because the workers get paid a salary or wages, they aren't stressed whether the company grows or not. They instead can focus on whatever they determine is most important, whether that be job security, profitability, the product, or something else.
We have our first general meeting tonight, and we're looking for folks who are passionate about the environment and may be interested in getting involved (it isn't a full-time thing yet). For this idea to succeed, having a few enthusiastic software developers will be essential. If this sounds like you, this meeting will be of interest.
I hope to see you tonight! Thank you
PS. If you want to learn more clearly about the difference between a startup and a co-op, I made a video on YouTube. Enjoy https://www.youtube.com/watch?v=cNJupnV6SgA&t=6s