5 ms·
If he's an employee, and at least 50% of the company is owned by employees, it checks out.
by ISL 4y ago
If he's an employee, and at least 50% of the company is owned by employees, it checks out.
- lmm 4y agoAt the point where you own 20% of the company you're not really an employee; you have more control over the company than the company does over you.
- nine_k 4y agoThe rest of employees (not investors) hold the remaining 80%. If even half of them are bothered enough, their summary 40% of ownership will comfortably outweigh the single 20% share. This, of course, assumes that no one else affiliated with the big share owner has a comparably large share (like 10%). If a small clique owns, say, 70% among them, it's a different ballgame.
- TylerE 4y agoConsidering the elder Jenkins is a billionaire many times over, I’d wager my money it’s a lot closer to 70% than 20% I kinda have a feeling 40% of the employees were not thrilled when several hundred of thousands of dollars were funneled via a PAC to causes such as outlawing medical marijuana, and getting Ron DeSantis elected.