RFC - What's Cookin' Bylaws

-- Draft version 0.0001 last edited Sept 11, 2019; request for comments only, not validated/binding --

Google doc for comments

Motivation

1 - respect work-based ownership

2 - resist takeover strategies of outside actors

3 - maintain core principles

• mutual benefit
• respecting users' intentions
• being driven by our and our users core values rather than necessarily maximizing profitability
• full transparency

4 - minimize control, micromanagement and overhead

How - Overview/Principles

Day to day decisions should be made quickly by team leads wo being blocked by excessive procedures/approvals

all decisions should have maximum transparency and opportunity for public feedback (without delaying the actual decision)

corrective mechanisms and occasional 'vote of confidence' or choices of leadership should occur with a work-based voting system

board of directors should have some kind of check and balance role, likely a veto power over the vote but not the ability to choose or nominate leadership. maybe non-binding recommendations and can be overridden by a supermajority vote of some kind

How - Specific Implementation

execs are different from leads in that they can

• add/remove people from the system
• approve hours
• propose high-level plans ie overall budgets

active team members weighted vote

• majority needed to approve quarterly budgets and exec changes
• board of directors can veto a vote, but cannot enforce a specific decision
• 3/4 weighted vote can override a board veto

Votes should have email notification to the email originally recorded in slicingpie

• binding votes (vote of confidence, changes to executive team) must have 7 day notice + min 24 hr voting period
• nonbinding votes may occur at any time
• any exec or any group with > 10% total slices may call for a vote

Dividends/profit sharing must go to both active and inactive members in proportion to slices (so previous work counts too in terms of payouts, even though inactive members do not vote on decisions)

Voting power is by slices but active members (having contributed approved hours w/in last 90 days) vote at 100% Inactive members vote at 10%

Norms - generally

• Feedback should occur frequently
• Votes should occur infrequently - normally 1/quarter at most

Here are the Articles of Incorporation which were filed on Sept 1, 2020 in the state of Delaware.