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I work for a ~80 employee company, the two founders probably want to retire in 5-10 years, and this is an important topic for us. What about the monetary value
by Scarblac 8y ago
I work for a ~80 employee company, the two founders probably want to retire in 5-10 years, and this is an important topic for us.
What about the monetary value of the company, do the employees buy it (probably too expensive, cheaper for the employees to shut it down and form a new company with the same people) or is it usual for the founders to give away the companies? Do they just keep a good percentage of the shares to receive dividends?
- tome 8y agoSurely the cost to form a new company with the same people puts an upper bound on the value of the company.
- mygo 8y ago> What about the monetary value of the company, do the employees buy it (probably too expensive, cheaper for the employees to shut it down and form a new company with the same people) or is it usual for the founders to give away the companies? It’s not unusual for employees to not have enough money to buy shares outright, which is usually why business owners don’t even consider this type of arrangement. However the good thing is that these arrangements are usually structured in such a manner that the employees gain ownership via transactions from future earnings. So founders aren’t giving anything away.
- profalseidol 8y agoIn Italy the gov't has policies for this kind of situation. The Labour party is pushing for the same called 'Right to Own'. Personally, I think the employees have the right to get ownership. Nothing gets produced without human labour. They may have ownership of the factory (by some divine reason), but nothing gets produced without labour (including management labour).