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Ownership Classes
Ampled is a multi-stakeholder cooperative owned and governed by distinct member classes. Each operates on a one-member, one-share, one-vote basis, which means that people have power, not dollars.
It’s possible for Owners to be two or more kinds of Owners at once, meaning they have the rights and responsibilities of those two or more Owner categories, but they will still have only one vote on any decision put to Owners or on the election of any Director seat.
Stakeholders include:
- Artist-Owners
- Worker-Owners
- Community Members
NOTE: Founders or investors are on the same standing as other members and do not have disproportionate ownership or control.
Artist-Owners operate on a one-person, one-share, one-vote basis.
85% of surplus is redistributed back to Artist-Owners.
Artist representatives have 3 seats on our board of directors.
Become an artist-owner by creating an artist page and achieve 10 supporters on your page.
NOTE: Surpluses are different from revenues. To learn more about where money goes at Ampled, go here.
Worker-Owners operate on a one-person, one-share, one-vote basis.
15% of surplus is redistributed back to Worker-Owners.
Worker-Owner representatives have 3 seats on our board of directors.
Ampled Contributors and Staff are eligible to become Worker-Owners, after 6 months or 80 hours of contributions, whichever comes first.
Community Members are not technically owners, because they have no financial upside, but are able to participate in the co-op and gain governance rights on a one-person, one-vote basis.
No surplus is redistributed back to Community-Owners.
A Community-Owner representative has 3 seats on our board of directors.
Individuals can become Community Members of the co-op by becoming joining through our community page.
Owners get ownership rights, profit sharing, voting power, ability to share in collective decision making, and other membership perks. Ownership rights are outlined in our Bylaws.
If you have an ideas or contacts for potential membership perks/ partnerships for discounts, contact us at [email protected]
Last modified 2yr ago