Exit to Community #E2C
Join us as we transition from a privately owned company to a structure that allows us to share power and revenue with you.
What does exit to community mean?
What does exit to community mean?
Exit to Community (E2C) is an effort to develop alternatives to the standard model of the startup “exit.” Rather than simply aiming for an acquisition by a more established company or a public stock offering, startups can mature into ownership by their community of stakeholders.- Nathan Schneider, Director of the Media Enterprise Design Lab
Investing in the commons
Challenging business as usual
Challenging business as usual
Many tech founders are forced to give away ownership and control to investors in order to get money as a start-up. Open Collective is different.We raised money from people who agreed:
- Investors get paid back slowly and can’t make us exploit people to create huge profits.
- Investors do NOT control the platform.
Transparent finances
Transparent finances
Open Collective launched in 2016 and raised $3M of seed investment. The platform became profitable in 2020.
See our investors and term sheets here.
Today, Open Collective is a tech platform that enables a network of:
600+ nonprofits, co-ops, and fiscal hosts to support 7000+ groups to raise and spend $35 million each year with full transparency
How can we repay our investors, support our founders, and practice financial self-determination?
How can we future-proof our mission?
Resources
Blog Entry • Mar 10 2022
Deep dive: community stewardship of Open Collective through a Perpetual Purpose Trust
Learn with us
Sign up to be notified of live conversations with our CEO Pia Mancini, Open Collective hosts, and admins from our 7000 collectives about ways to transition from a privately owned company to a structure that allows us to share power and revenue with you.
We are open in every way
We not only help you be transparent, we are too!
Slack
Come meet the team, chat with the community, and share your questions and stories.
Join our slack →
Documentation
Support your community with fundholding and fiscal sponsorship services.
View our documentation →
Open Source code
Our code is open source. You can contribute! Check it out on GitHub.
See our code base →
Open Finances
We operate as an Open Collective ourselves, with transparent budgets.
See our Collectives →
Join the movement and support us
Be part of the new generation of communities.There are a couple of ways for you to contribute: