After more than two decades of growth and success, Fort Collins based New Belgium Brewing became 100% employee owned three years ago, with the employee stock ownership plan buying out the 59% of the company previously held by its founders. Today it sounds like they might be putting themselves on the auction block. With around 500 employees, and a potential valuation of a billion dollars, it’s not too hard to understand the temptation. That’s $2 million worth of company value per employee.
Last night seven Boulder city council candidates visited the Rad-ish Collective, an activist co-op that does a lot of volunteering behind the scenes of Boulder Food Rescue.
The candidates had some motley seating, including one stool made out of the back half of an old bike frame (Andrew Shoemaker) and a chair upholstered in what appeared to be a faux Yeti pelt (Sam Weaver). Half the walls were covered with murals, and the other half with event flyers, political literature, and all the daily household bookkeeping that goes into making a co-op run smoothly.
The crowd’s median age was probably under 25, and most of us sat on the floor. As the event progressed, more and more people filtered in, and those sitting shoulder to shoulder in the front slowly scooted forward until we were within reach of the candidates’ feet. Sam Weaver remarked at some point that it was probably the largest or second largest audience of any forum they’d attended, even though it was being held in a living room!