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Being an employee and an owner doesn’t align incentives since I have no meaningful influence over the stock price. I don’t care at all about the success of the
by 3qz 4y ago
Being an employee and an owner doesn’t align incentives since I have no meaningful influence over the stock price. I don’t care at all about the success of the projects I work on as long as I keep getting paid
- kqr 4y agoThe world does not, contrary to popular opinion, revolve around stock prices. Ownership is about having equal influence in strategic decisions. "I don't care about the success as long as I get paid" is typically something you hear from people who have never tried a truly democratic workplace before. It's a transformative experience.
- 3qz 4y agoDoes it matter? Jobs worth caring about are extremely rare so I don’t actually care about what the company does. I would vote to sell the company and cash out if I worked somewhere democratic.
- antifa 4y ago> Jobs worth caring about are extremely rare Yes, co-ops are rare.
- 3qz 4y agoThere is no ownership structure in the world that could ever make me care about boring software
- downsidesabound 4y agoMaybe if it’s yours, it’s not boring. Like kids :P
- djokkataja 4y agoEven if all you care about is whether you keep getting paid, being one of the owners of a business (even if it's one of many) suggests to me that you would have much more influence about whether you keep getting paid than you would in any business where you are not an owner.