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It can be difficult for co-ops to access capital. Investors are extremely hesitant to invest money in an organization where the employees can simply vote to use
by rrrrrrrrrrrryan 4y ago
It can be difficult for co-ops to access capital. Investors are extremely hesitant to invest money in an organization where the employees can simply vote to use that money to give themselves all raises.
There are other ways to achieve what you're after: stock options, profit-sharing agreements, or even just a generous bonus structure based on hitting revenue targets are all quite common.
- mabbo 4y agoAnd all of those things aren't enough, as demonstrated by every company that's doing them now. Beyond entry level dev jobs, most of Amazon's corporate employees are getting half or more of their comp in stock. Yet here we are.