2 ms·
> If your company was structured as a co-op, yes. Of course you'd probably make them buy in at a certain level, or else their ownership would be lower than your
by zamfi 4y ago
> If your company was structured as a co-op, yes. Of course you'd probably make them buy in at a certain level, or else their ownership would be lower than yours by enough that they wouldn't be able to vote you down (or at least not until their share vests several years down the line). But fundamentally you should have some skin in the game; they're putting their time and effort into the company too, you owe it to them not to fuck it up and they deserve to be able to replace you if you go off the rails.
Hang on, this sounds just like a C corp with shares that employees are required to buy. No?