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Corrected typo on Are.na

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@@ -29,7 +29,7 @@ According to [its roadmap](https://www.are.na/about/Roadmap), Are.na will transi
During their time in the E2C 2020 Peer Learning Cohort, co-founder [Charles “Cab” Broskoski](https://e2c.how/Charles-Broskoski-45514f0b20bd40e99fbe9897587b92da) and advisor [Leo Shaw](https://e2c.how/Leo-Shaw-f95853ac82cb44189147cc9f0c01ed04) developed the narrative for Are.na’s multi-stakeholder vision. Since then, the company has hosted meetings with its subscribers to gauge their thoughts on the E2C proposal, while co-founder Daniel Pianetti has been leading discussions with lawyers and other domain experts to figure out the appropriate legal documentation for when the time is right. Are.na hopes to adopt a level of persistent transparency similar to [Open Collective’s E2C ambitions](https://opencollective.com/e2c). Are.na is currently in the process of developing structures for member-ownership and governance strategy, in order to legally enshrine the dynamic of mutual care that has existed more informally between staff and users for years. As of 2023, this entails seeking out the best way to transition the crowdfund participants — who are currently SAFE holders, not shareholders — into an entity that can receive a return if the company is profitable but does not get acquired or go public.
At present, Are.ca could take one of two paths. First, it could seek majority consent from the crowdfund investors to amend the terms of their contract, allowing the company to share its success with them, without having to convert them to shareholders first. This would enable them to issue the investors something like profit dividends, offering them a tangible return timeline and ensuring that they would still see upside in the case of a future exit. Second, Are.na could raise a second crowdfunding round, issuing a different type of investment contract while simultaneously converting and re-organizing the original investors into a separate entity. When it becomes time for the company to share profits, it would then distribute them to the two groups of investors.
At present, Are.na could take one of two paths. First, it could seek majority consent from the crowdfund investors to amend the terms of their contract, allowing the company to share its success with them, without having to convert them to shareholders first. This would enable them to issue the investors something like profit dividends, offering them a tangible return timeline and ensuring that they would still see upside in the case of a future exit. Second, Are.na could raise a second crowdfunding round, issuing a different type of investment contract while simultaneously converting and re-organizing the original investors into a separate entity. When it becomes time for the company to share profits, it would then distribute them to the two groups of investors.
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