Josef Davies-Coates on Community Shares and Democratic Equity Crowdfunding for Cooperatives
"Report 7 - UK:
(13 mins) Josef Davies-Coates - Josef will be speaking about recent exciting platform and digital co-operative activity in the UK, and why the legal framework that exists there could serve platform co-ops particularly well. This will include details on “Community Shares,” a form of democratic (one member, one vote) equity crowdfunding for co-operatives that has existed in the UK since the mid 1800s, but that has been growing exponentially post the 2008 crash (from £2.5m in 2009 to over £20m in 2014). He’ll also update us on the Enspiral-inspired plans to create a UK-wide Co-op of Digital Co-ops being led by London based co-op Outlandish. Finally, he’ll share details of his work with the FairShares Association to help new and existing tech start-ups to become multi-stakeholder co-operatives."