Share holder in Hopsters Co-op Brewery Sydney for $250.

[Roosterboy]

Will this work Sydney ? I hope it does. For 1 share ie $250 you are a member, share holder and part owner in a Co-Op Brewery,.
There are lots of benefits for members , I think this is a great idea and a good form of crowdfunding ,
Roosterboy

 

[Dan Pratt]

Do you have a link for more details?,

 

[Roosterboy]

Do you have a link for more details?,

hopsters.com.au

 

[kaiserben]

a good form of crowdfunding ,

Yeah that's it. It's crowdfunding, not really a co-op.

 

[Roosterboy]

Yeah that's it. It's crowdfunding, not really a co-op.

No your wrong it is a Co-op under fair trading NSW and will follow all the regulations. Go to their site and read .

 

[kaiserben]

I've read it.

EDIT: I should clarify that I hope it's successful, I'm even considering stumping up $250 myself, but I don't consider it a true co-op when it's members can't use the equipment (the best they can hope for is to "enter their homebrew in beer competitions and help select winning brews to be produced by Hopsters!")

 

[Yob]

Will this work Sydney ? I hope it does. For 1 share ie $250 you are a member, share holder and part owner in a Co-Op Brewery,.
There are lots of benefits for members , I think this is a great idea and a good form of crowdfunding ,
Roosterboy

Are you affiliated with it?

 

[Roosterboy]

I've read it.

EDIT: I should clarify that I hope it's successful, I'm even considering stumping up $250 myself, but I don't consider it a true co-op when it's members can't use the equipment (the best they can hope for is to "enter their homebrew in beer competitions and help select winning brews to be produced by Hopsters!")

They will have a commercial brewery , so it's not like brew your own breweries but they will let members take part in the brewing process as they're an owner.

 

[Roosterboy]

Are you affiliated with it?

No Yob, I have no relationship with them, not a member or part of the Co-op but I have spoken to the guy who started it via email. I was looking into the
pros and cons of a Co-Op on google when their name came up. I don't live in Sydney so I can't just drop in. But it appears to be a positive development,
there are a number in the US and they work with each other to a point.

 

[Maheel]

interesting idea

website does not seem to say who "we" / "they" are.

can "they / we" also only own one voting share each?
are "they / we" on or going to be the Board of D and or employed there etc ?

if you stacked the book and bought shares in all your family members names and they proxy vote you, could you take control ?

 

[kaiserben]

They will have a commercial brewery , so it's not like brew your own breweries but they will let members take part in the brewing process as they're an owner.

Sure. I already quoted the bit about how involved members will be in the brewing process (ie not very).

 

[GABBA110360]

for 250 bucks i'd want more than a username and password ?

 

[wide eyed and legless]

if you stacked the book and bought shares in all your family members names and they proxy vote you, could you take control ?

With a potential of 20,000 owners you would need a big family.
I would like to know what the $500,000 is going to be used for, have they got a brewery, is it for a brewery, why did the banks not lend them the money?

 

[SBOB]

its a good idea if you want to help a couple of guys start their brewery, in the hopes that
- it will be succesful
- you'll get a small discount on some growler fills and
- 'if' they ever become profitable after whatever operating expenses they have and have 6 months of operational costs in the bank, you might see some small dividend

they arent even buying any brewery equipment until they have 1000 members/owners.

really, its a crowdfunding campaign with a few 'perks', no different than most other crowdfunding campaigns where you're donation gets you some kind of 'reward' but no guarantees it will ever eventuate or you will ever get anything of value back

 

[Maheel]

With a potential of 20,000 owners you would need a big family.
I would like to know what the $500,000 is going to be used for, have they got a brewery, is it for a brewery, why did the banks not lend them the money?

Reading the page it seems they have little more than an idea / plan (and likely some HB experience) and plan to use the 1st 250K (1000investors) to buy brewery equip and lease location.

Banks want you to have a lot of equity / assets = your own $$$$$ / or some sort of income for a start up to lend money to them as it's high risk to them.

IMO there is little reward for my $$$ (if i was NSW), if they said a few free pints a week (3or4) for ever instead of 6% return then maybe i would be handing over my $$

not "knocking them" as it seems a reasonable idea just the payback to "me" is not high/valuable enough to me.
I read it with my cynical eye's that they may hope i forget about the money i give them to set themselves up a nice brewery for free ?

 

[droid]

it would be interesting to see the business plan and terms/conditions and or contract in detail ... and within that the definition of "owner"

 

[Roosterboy]

its a good idea if you want to help a couple of guys start their brewery, in the hopes that
- it will be succesful
- you'll get a small discount on some growler fills and
- 'if' they ever become profitable after whatever operating expenses they have and have 6 months of operational costs in the bank, you might see some small dividend

they arent even buying any brewery equipment until they have 1000 members/owners.

really, its a crowdfunding campaign with a few 'perks', no different than most other crowdfunding campaigns where you're donation gets you some kind of 'reward' but no guarantees it will ever eventuate or you will ever get anything of value back

Like any business venture there are no guarantees , there are few things that give you any reward without risk. The reward may only be a bit more than knowing you helped form a business .

 

[spog]

Sounds interesting to me,having read all the above posts but not the Hopster site.
Still interesting all the same.

 

[Roosterboy]

Co-ops can work , look up top ten Co-ops in Australia, their foundations are not based on individual greed but more a community spirit.
I'm going to suggest to them that they put up a "founding members plaque" with the first 100 members names on it, somewhere in the
brewery. I don't know about anyone else but imagine if you had your name up on the wall in Cascade Brewery as a founding member
for your descendants to see.

 

[Yob]

already there from what I read