Mark, Thanks for the info. I've never been involved in an actual Co-op, so I don't know how they work... but I do know the LLC rules and intend to use them to make it as fair for everyone involved as possible.
Now that I've explained the idea a bit more, does it sound more reasonable to you? Are there any other glaring issues I can clarify? Please be aware that I intend to provide the deep-dive details to the people that actually indicate interest in moving forward with the project... On Oct 18, 11:33 am, Mark Murphy <[EMAIL PROTECTED]> wrote: > AdroitAndroid wrote: > > Mark, thank you for your well-reasoned post. > > You're welcome. > > > What I am proposing is > > similar to a co-op idea... but you're right, it's for profit. The > > difference is that the founding developers, who I am recruiting via > > this thread, will be the ones to share in that profit. > > FWIW, a sellers cooperative is "for profit" insofar as the organization > tries to earn money (Ocean Spray doesn't give away their cranberries), > but there are rules on the books that prohibit the organization from > either unduly withholding retained earnings or skewing the profit > distribution. > > An LLC can enact whatever rules its owners decide upon or amend, for > better or for worse. > > -- > Mark Murphy (a Commons Guy)http://commonsware.com > > Android Training on the Ranch! -- Mar 16-20, > 2009http://www.bignerdranch.com/schedule.shtml --~--~---------~--~----~------------~-------~--~----~ You received this message because you are subscribed to the Google Groups "Android Discuss" group. To post to this group, send email to [email protected] To unsubscribe from this group, send email to [EMAIL PROTECTED] For more options, visit this group at http://groups.google.com/group/android-discuss?hl=en -~----------~----~----~----~------~----~------~--~---
