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These are great points, and I fully agree. I'd be interested in knowing what kind of license or corporate structure or contract would give you confidence that the organization is worth investing in. I could put all the software out with a really strong Affero license so that you've got the source code, but I get the impression that you, like me, want more than that. Corporations like Mondragon are interesting to me, and I'm aware of a few different tech cooperative organizations. I'm not confident that a cooperative structure alone is enough. Yes, it helps avoid the company taking VC money, shooting for the moon, failing, and then selling everything that's not clearly legally radioactive. But it doesn't protect you against more insidious forces like the founders selling to private capital and adjusting the EULA every few months until they have the right to sell off your baby photos.
I've been batting around the idea of creating a compliment to the "end-user license agreement" - the "originating company license agreement". Something like a poison pill that forces the company to pay out to customers in the event of a data breach, sale of customer data, or other events that a would-be acquirer may think is worth it for them.
I'm just not sure yet what kinds of controls would be strong enough to convince people who have been burned by this sort of thing in the past. What do you think?
Purely on the product side, if I decide to buy it, I wouldn't buy it for myself. I'd buy it for friends and family who are not that tech literate. Either to make my life easier to give them self-hosted services, or ideally for themselves to be able to do so. I want this product to be a non-shitty, open source "Synology," from a firm I can trist to support it for a very long time. Doesn't have to have that form factor. And I'm totally fine with an ongoing subscription. I'd like to be able to say - hey friend, buy this from ACME Co-op and sign up for their support plan. Follow the wizard and you'll have Immich, Nextcloud, etc. A support plan might include external cloud HTTP proxy with authentication and SSL that makes access trivial. Similar to how Home Assistant's subscription (Nabu Casa) works. It could also include a cloud backup. Perhaps at a different subscription rate.
I don't know enough to say what the structure should be but this should not be possible:
It implies that the founders have more voting power and ownership than the rest of the people in the org. In my mind, everyone should have an equal vote, which should prevent a sale on the whim of the founders or another minority group. If a sale is in the cards, a majority of the people in the org should have to approve for it to proceed. And this shouldn't be advisory but a legal barrier to pass.
If I were to start a firm today, I'd be looking into this because not only this is the kind of firm I'd like to work in, but I think so would quite a few people in software. And those aren't the dumb kids.
I can also say that as a customer, the few worker co-ops I've able to buy things from give me a much more trustworthy impression than the baseline. They just behave differently. Noticeably more ethically.
I'm not confident that simple democracy is enough. While I do expect that a one-worker-one-vote system would make it harder to sell out, it's still possible. I do think that a cooperative has many benefits. I just want to make it fatal to the business to go down certain dark paths: selling user data, seller user compute, selling user attention, etc.
I wish there were more examples of functional high-tech cooperatives I could learn lessons from.
I strongly agree with this sentiment.