Comment by ericholscher
16 hours ago
This is a beautiful vision, but I think it would be hard implement in practice. I’m trying to imagine how a pitch like this might work. Do you offer the customer/members some kind of profit sharing? A discount on future services?
Given that customers often want to avoid lock-in on any purchasing decision, it seems hard to build a service that has a larger up front psychological and legal commitment. I love the idea of getting bonus points in life for building structures with collaborative ownership, but realistically most people and businesses only want a simple “buy a service that I can cancel” relationship.
That said, I'd love to see someone try it! I think it could work well in a niche environment, or something like a Kickstarter where people feel they helped bring something into being.
I think my (and other) Community Supported Agriculture (CSA) farms would disagree with you.
I buy shares in the farm per my needs. The CSA takes my money and buys seeds, fertilizer, etc. I get discounted (100% :-) products from them throughout the growing season. They also sell their goods at farmers' markets, do deliveries, etc. My CSA has been growing for years. They're a part of a larger co-op org that spans the NE US, IIUC.
So yes, the "beautiful vision" can be, and is, implemented. Even in tech; I'm sure you've heard of neighbors getting together and building their own local networks because the local ISP won't service them.
I love it when tech people are like "this isn't remotely possible", and it's like... happening at the farmer's market already lol.
And credit unions, and mutual insurance companies, and on and on. I love this commenter who cannot imagine a customer that has an ownership stake in a business or why anyone would want that. No time to think, too much uninformed posting to be done:
https://news.ycombinator.com/item?id=42748956
This is exactly how Vanguard works.