The concern I'd have with structures like this is capture of the trust/management that result in most of the company resources going towards enriching the emplo

The concern I'd have with structures like this is capture of the trust/management that result in most of the company resources going towards enriching the employees and management, rather than whatever end goal was originally conceived for the profit. It's not uncommon for these kinds of structures (with no central holder or pure profit motive to maintain accountability) to simply pay out the vast majority of profits in excessive pay for management and the like. It ends up being a company for the benefit of the few who happen to control it. Hopefully I'm wrong, and they can continue to achieve there goals for the long term anyway :)