[jgh]

Aardman Animation becoming a coop has captured my imagination. I am very curious how well it could work in the context of a tech company.

[bogle]

There are a fair number in the UK, there's even an group to help [https://www.coops.tech/]. Speaking to those who've done it they say you should try to legally form as a co-op as soon as you can as it gets expensive the longer you leave it (legal fees).

[jgh]

Interesting, thanks for the link! I'm strongly considering doing this for my next project and all the information I can get is helpful.

[hassan_shaikley]

Honestly hell yeah. I really want to do this.

[walshemj]

Are they becoming a full on coop ? I didn't think so and I am sure I would have heard of it.

[M2Ys4U]

IIRC shares will be held in trust for the benefit of the employees, a little like the John Lewis Partnership.

[walshemj]

so does the EBT have at least 50% plus one of the shares and do the employees control the company if they don't it isn't a coop.