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The target audience of my suggestion is founders who don't yet have board members or CEOs who currently have like-minded board members, and who don't currently
by geofft 5y ago
The target audience of my suggestion is founders who don't yet have board members or CEOs who currently have like-minded board members, and who don't currently have public ownership.
You're right, once you've given up ownership to the public, it's a little too late for the current legal entity. But it's not too late to quit your job and start a new workplace.
- PeterisP 5y agoOkay, that makes sense. However, that's plausible only if the founders can afford to start a new workplace from their savings alone without ever attracting external investment. A fully bootstrapped company can keep full control, but any significant investment will require the company to cede that control and have a "standard" board structure that can ensure that the interests of the owners are taken into acocunt.
- Grustaf 5y agoIn other words, founders without investors. They seldom have a lot of employees though.