| |||||||||||||
A hundred thousand thanks for a billion, anywayA hundred thousand thanks for a billion, anywayPosted Apr 3, 2012 8:20 UTC (Tue) by tialaramex (subscriber, #21167)In reply to: A hundred thousand thanks for a billion, anyway by tpo Parent article: Whitehurst: A billion thanks to the open source community from Red Hat
Migros is a co-operative, so its only way of spending profits are to increase remuneration to employees, return the money to the community (a large proportion of Swiss are "members") or re-invest into the business. It does not have shareholders like for-profit Red Hat, so paying a dividend is not an option for example.
If anybody has a pile of cash and has a busines plan for a co-operative Free Software company I'd certainly encourage it. But traditionally supermarkets were a good choice because they have so many tendrils connecting them with the community it's easy for their community to feel invested in the co-operative. Every company supplying the supermarket, and every consumer buying from it, can see the benefit of working together.
(Log in to post comments)
A hundred thousand thanks for a billion, anyway Posted Apr 3, 2012 8:48 UTC (Tue) by anselm (subscriber, #2796) [Link] … because they have so many tendrils connecting them with the community it's easy for their community to feel invested in the co-operative. In point of fact, Migros is running what amounts to community colleges all over Switzerland (part of the one percent money goes into funding these). It's a completely different setup.
|
|||||||||||||