Earlier quoted context omitted.
They can still believe in the leadership of the project. After all, many investors invest without themselves having a majority stake. If you own 3% of a company, the other 97% might be other investors, or might be some other investors and some worker-owners, you still only own 3%. Not everyone thinks worker-owners are any less capable of making good decisions towards the success of the endeavor than investors, althou…
>After all, many investors invest without themselves having a majority stake. If you own 3% of a company, the other 97% might be other investors, or might be some other investors and some worker-owners, you still only own 3%. That's not exactly the same. If you invest in a regular company, the other 97% of investors contributed capital, making the company worth more. On the other hand, in a owner coop the 50% (or wha…
Worker-owned coops exist, thousands of them. Some of them have investors. Some of them fail, some of them have been in business for decades. Yes, raising capital can be challenging for worker-owned coops, my first post on the topic literally said that. But there are ways it can be done, that have actually been done.
I gather you think worker-owned coops are a terrible idea, that's fine you're entitled to your opinion.