There's a "sister" concept of this called steward-ownership, promoted by this German organization: https://purpose-economy.org/en/ https://purpose-economy.org/

There's a "sister" concept of this called steward-ownership, promoted by this German organization: https://purpose-economy.org/en/ https://purpose-economy.org/en/ They have a lot of interesting materials and case studies (Bosch, Zeiss and others). Basically you can form an LLC the majority of which will be owned by the employees and will also guarantee that the company can never be acquired. There are a few schemes that can attract investments on special fixed terms, such as redeemable shares with 3x return. This type of companies live much longer on average, according to some studies, and are also more stable and less prone to economic crises. Anyway, fascinating stuff. I'm seriously considering steward ownership for my next company now.