4 ms·
Suppose an existing company, not a startup, but an Fortune 1000 or so, wanted to shift to this model going forward. How would they approach it?
by dmckeon 7y ago
Suppose an existing company, not a startup,
but an Fortune 1000 or so, wanted to shift
to this model going forward.
How would they approach it?
- dluan 7y agoOne option would be to set up a trust, backed by a lending bank, that would purchase an amount of the company for the purpose of eventually selling the stake to the workers. This is how most companies transition towards worker ownership with ESOPs.