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Exit to Community Stories & Strategies

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EXIT TO COMMUNITY STORIES & STRATEGIES




A LIBRARY OF COMMUNITY OWNERSHIP


ALT



WHY E2C



READY FOR COMMUNITY OWNERSHIP?


Most businesses aim to get acquired or go public, which often pits founding
teams against the communities they serve.

We’re working to enable a third path that benefits all stakeholders for the
long-term, an Exit to Community!

Business purpose can align with ownership

Founding can teams let go at the right time

Communities can grow the business they value

Allies in consulting, policy, and academia can help advance economic democracy

To plan your exit or help others, contact us!


ALT



CASE STUDIES



WANT TO LEARN FROM EXPERIENCE?


We’re curating a wealth of experience in community ownership. We have 24 cases
so far and more to come, all with unique lessons for founding teams and allies.
See our full library, or add your story.



Public view


Namaste Solar
Namaste Solar is a solar installer in Colorado founded by a team that embraced
new leadership in 2011 and converted to a worker co-op with $40m in annual
revenue as of 2023.
Success
Worker owned
Co-op
Utilities
Groupmuse
Groupmuse is a platform for live music run that survived the pandemic in 2020 by
expanding to online shows, becoming a worker-owned co-op, and then adding a
second class designed by an advisory council of musicians.
Success
Worker owned
Multi-stakeholder
Co-op
Music
Software
HackerNoon
HackerNoon is a tech publication that ran a $1.2m equity crowdfunding campaign
in 2019 to leave Medium and build a platform of their own.
Success
Crowd equity
Software
Juno
Juno was an NYC-based ride-hail app that promised drivers equity based on trips
completed, but got acquired in 2017 and eventually shut down and ended the stock
program.
Failure
Multi-stakeholder
Software
Services
Signalise Co-Op
Signalise is a Sign Language platform based in the UK that raised funding in
2021 for development by selling 10% equity to investor-members.
Success
Crowd equity
Multi-stakeholder
Co-op
Services
SongADAO
SongADAO emerged when Jonathan Mann formed a Limited Co-op Association and DAO
in order to protect his daily songwriting practice with 100% community ownership
and governance.
Success
Crypto
Music

View case study library →





WANT TO SEE THE DOCUMENTS?


See real examples of term sheets, filing disclosures, and other legal documents.

Public view


Ginkgo Bioworks
IPO with Class B Common Stock which grants employees and directors 10x voting
power over ordinary stock.
Filing
United States
Indie.vc term sheet
Revenue-based equity financing term sheet with a 3x cap on return to the
original investment.
Investment
United States
Sharetribe
A tech startup structured as a “steward-owned enterprise,” designed to serve a
social purpose over profit.
Investment
Bylaws
Finland
View legal snippets →





SUPPORT



LOOKING FOR ADVICE?


Aligning purpose and ownership is complicated, but there’s a model for every
community. All it takes is the right advisor.

Want to get or give advice? Contact us!


Send us a message →


ALT


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The E2C Collective is a democratically-run, fiscally-sponsored project of Raft
Foundation. Support us on Open Collective!

CONNECT

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Contact us → send a message

Email us → hello@e2c.how

Follow us → @exittocommunity



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