True. Though there is approx. $25,000 in legal fees in preparation for the CA DPO. Cutting Edge Capital (Jenny Kassan) did the People's Community Market.Not sure how the comparison will stack up, but it's problematic that the DPO involves getting the $25K upfront, in order to raise the DPO money.Either way, it seems to me like an institutional membership structure might make it a lot more feasible (i.e., Bay Area Public School, Roshambo Media, Sound Room, Pan Theater, Pan Theatre, Community Democracy Project, Oakland Wiki, etc. etc.).
sent from eddan.comIf it's a California direct public offering, it can be done as equity already. See people's community market in west Oakland.
On Sep 14, 2013 1:09 PM, "Eddan Katz" <eddan@clear.net> wrote:or it could be structured as a co-op real estate deal.or an equity crowd funded (starting 9/28) distribution of shares.Sudo Room can remain what it is. Sudo Co-op, for example, can be the entity with title to the property.
sent from eddan.comWe have to find out what the building is worth, then someone has to see how big of a loan we could get as a group (we'd need a tax structure). Once we find that out we can crowd source for the deposit and first months mortgage.--Andrew
It's within the realm of possibility, but would require Sudo Room to become a land owner and a state/federally recognized entity (like an LLC) with people on the board having good credit. Correct me if I'm wrong here.
On Fri, Sep 13, 2013 at 8:04 PM, Eddan Katz <eddan@clear.net> wrote:
+1!!!Minus - 'it's probably too big to be crowdfunded'
sent from eddan.comI am guessing there are already models for spaces owned by the groups that operate there, cooperatively maybe?I think it's probably too big to be crowdfunded, but does anyone know someone profusely wealthy able to take this on? or a group?Not sure if this is possible, but just throwing it out there since there seems to be a general consensus that the location is ideal, but the management is the opposite:Can sudoroom (or some conglomerate including sudoroom) buy George out? or convince someone/something friendly to sudoroom to buy him out?
I'm not necessarily advocating this, but this space in Atlanta is pretty nice, even though it's been bought by developers for the purpose of fostering an art community that already existed there, and they have a farm:
http://clatl.com/atlanta/goat-farm-gets-sold/Content?oid=1868024Not sure what the equivalent in Oakland would be.
On Fri, Sep 13, 2013 at 12:40 PM, Andrew <andrew@roshambomedia.com> wrote:
Walking away may not be easy to do as he tends to corner people when they are alone in the space.
On Sep 13, 2013 11:47 AM, "Hol Gaskill" <hol@gaskill.com> wrote:reiterating the in-writing requirement is good. just walking away may or may not be so good - i have so far had the good fortune not to know the depths of these interactions.
Sep 13, 2013 10:05:48 AM, andrew@roshambomedia.com wrote:
The lease that Matt sent out a while ago clearly states that all requests and complaints must be in writing. So I would like to reiterate that if George approaches you just say, "please put that in writing so I can share it with the group, thanks" and walk away if you can.
>
>
>On Thu, Sep 12, 2013 at 10:12 PM, johanna faust female.faust@gmail.com> wrote:
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>i wonder if there is any hopen in talking to him?
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>
On Wed, Sep 11, 2013 at 4:48 PM, Matthew Senate mattsenate@gmail.com> wrote:
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> Hey all, I sent this to Laurie today:
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>
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> Laurie,
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>
>
> Thanks for replying briefly, when do you expect you will be able to send a
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> full response? We also need to address the incident on this past Saturday,
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> which was another unacceptable confrontation and accusation.
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>
>
> Thanks,
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> Matt
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>
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>
>
> On Tue, Sep 10, 2013 at 2:35 PM, Matthew Senate mattsenate@gmail.com>
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> wrote:
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>>
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>> We've used http://hackerspaces.crowdmap.com/ in the past to show listings
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>> of spaces, look at price points, be knowledgeable about local availability.
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>>
>
>>
>
>> On Tue, Sep 10, 2013 at 11:31 AM, rusty lindgren rustylindgren@gmail.com>
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>> wrote:
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>>>
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>>> And these:
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>>>
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>>> https://sfbay.craigslist.org/eby/off/4047110117.html
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>>> https://sfbay.craigslist.org/eby/off/4015202437.html
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>>>
>
>>>
>
>>> _______________________________________________
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>>> sudo-discuss mailing list
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>>> sudo-discuss@lists.sudoroom.org
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>>> http://lists.sudoroom.org/listinfo/sudo-discuss
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>>>
>
>>
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>
>
>
>
> _______________________________________________
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> sudo-discuss mailing list
>
> sudo-discuss@lists.sudoroom.org
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> http://lists.sudoroom.org/listinfo/sudo-discuss
>
>
>
>
>
>
--
>
Be seeing you.
>
_______________________________________________
>
sudo-discuss mailing list
>
sudo-discuss@lists.sudoroom.org
>
http://lists.sudoroom.org/listinfo/sudo-discuss
>
>
>
>--
>-------Andrew LoweCell: 831-332-2507http://roshambomedia.com
>
>
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>http://lists.sudoroom.org/listinfo/sudo-discuss
>
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--
-------Andrew LoweCell: 831-332-2507
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