Ask HN: Any Successful Co-Ops of Software Engineers
8 points by rubyn00bie 21 hours ago
Salutations HN!
I’ll keep it simple, has anyone known of or been a part of a co-op of software engineers? And if so, how did it go?
I’m curious because it seems like the vast majority of early capital raises seem to go to paying for software development, and a small group of engineers could (in theory) output a few million dollars worth of value. It might not be attractive to VCs but it could probably form a business that lets coop members lead very comfortable lives.
I've recently become curious about the scene, and discovered quite a bit going on. It seems most tech coops are operating more like agencies, taking on client work. Haven't seen many developing products.
Here is a great list of tech coops: https://tech-coops.xyz/
Here is a new but somewhat active matrix channel where some tech coops folks hangout: https://matrix.to/#/#techcoop:autonomic.zone We plan to have an informal call to chat there on 22nd of February at 17:00-18:30 UTC.
Here is a Discourse forum for tech coops: https://community.coops.tech/
Note that a big problem with building a product tech coop is that you exactly can't as easily raise millions: investors by definition cannot take stake in a coop. Instead, you need a business loan, and its less common to find financiers willing to loan large rounds for high risk investment. That may be a cultural thing though, because in theory, sufficient interest could offset the risk in aggregate I guess.