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Board Meeting Minutes #6 — February 4, 2026

Title: Board Meeting Minutes #6 — February 4, 2026

Date: February 4, 2026 Time: 3:00 PM EST Board Capacity: Joint — Co-op Board and Corp Board (the board explicitly addressed the transition between capacities; haana signed a formal Corp Board resolution memorializing the CCI investment)

Attendees

  • Austin Robey (Worker-Member)
  • Sean Adams (Worker-Member)
  • Freya Yamamoto (Label-Member)
  • Iz (Artist-Member)
  • haana lee (Artist-Member)
  • John Garry (Observer)
  • Nick Austin (Supporter-Member)

Community Pulse

First meeting of 2026 after a brief hiatus.

Core Agenda Items

Item 1: Switching from Co-Op Board to Corporate Board (Governance practice)

  • How and when do we switch?
  • How should this be noted (if needed)?
    • Double check with Jason about future needs.
    • Mark the Corporate Board decision in the minutes.
  • Note: this item formalized the practice of identifying which board is acting on each decision. From this point forward, votes are tagged Co-op Board or Corp Board in the minutes.

Item 2: Subvert Timeline Review and Updates from Alpha Launch

December Revenue:

  • Alpha Artists: $2,565
  • Optional Support Contributions: $1,445 (56.34% of Artist Revenue)

January Revenue: (figures pending)

Next Steps for Launch — Tech:

  • What's missing before full platform launch?
  • Onboarding 50 more artists and tightening up.
  • Email design pass.
  • Design updates for collections.
  • Mobile pass.
  • Search and discover currently in development.

Next Steps for Launch — Non-Tech:

  • Communication: coordinate with all members to post about Subvert simultaneously, providing assets.
  • General Assembly rollout.
  • Legal sprint and policy review before launch.
  • Approximately 60-day window: 30 days of technical work, 30 days of launch campaign prep.

Subvert Financials Revenue and Future Funding (Corp Board–relevant)

  • Reviewed current revenue and burn rate.
  • Overview of Stripe fees and payout strategies.
  • haana to sign formal resolution from the Corporate Board memorializing the CCI investment.
  • Should Subvert raise money for future needs? (Future fundraising approval will be a Corp Board decision)
  • Discussion: launching a platform and fundraising at the same time.
  • Speculation about reactions to fundraising before vs. after launch.
  • Touching base with forum sentiments.
  • Platform launch is the #1 priority.
  • Freya suggested a fundraising proposal to vote on by next meeting, outlining the "why."

General Membership Meeting Planning

  • When: Summer 2026, potentially June.
  • Where: New York and Berlin have the highest membership numbers.
  • Iz suggested a "larger" meeting where members in dense cities meet locally and remote into a shared online gathering — connecting locally and across the larger Subvert community.
  • Austin suggested framing the event as a member benefit, with performances.
  • Iz proposed an organizing packet for members who want to host locally (accessibility-focused).

Action Items

  • Have a fundraising proposal to vote on by next meeting, outlining the "why."
  • haana to sign the formal Corp Board resolution.
  • Sean to post on the forum with product updates.

Votes & Decisions

No new vote initiated. A formal Corp Board resolution memorializing the CCI investment (originally approved in Meeting #4) was signed by haana (Secretary).