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Originally Posted by acratophorum
I thank you for the reply 
The way it would probably work is that the top dogs in the business would come in and pool their resources. So, let's say 5 big programs put up seed capital...each of these 5 companies put their reps on the board. Again, the board is responsible for hiring/overseeing management.
So, in the beginning, the co-op would be controlled by these 5 big players...but as more programs adopt the co-op, the 5 players gradually lose their ultimate control because every co-op member is an owner with a voice and a vote.
In the end, the co-op is not out to make a profit of like $100,000,000/year... so it doesn't need to charge 15%... plus, there would be complete transparency....The way I see it, how can it be bad? |
Interesting.
Well you would lose people again because in the last part of your thought process, you are illiminating the 'greed' quotant (profit, wealth, golden parachutes) and then you are talking about a 'for the good of the industry' where a vast majority of the industry, as you can see on this very board, if out for themselves, and their phat.. yes P-H-A-T bank accounts. Oh, and then the consortium, so there would be no grand wizard to brag about all of the POWA they possess, and could crush everyone like and ant, or that when they sneeze the industry catches cold.
But I like your idea all the same.