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> If I agree to an upper limit on profit after which I have no ownership, I’m buying a bond or note rather than a share. Yes, I know. I'm saying that stocks ar
by kerkeslager 4y ago
> If I agree to an upper limit on profit after which I have no ownership, I’m buying a bond or note rather than a share.
Yes, I know. I'm saying that stocks are a tool that allows people to continue leeching off society far beyond the point where they've been fairly rewarded for their initial contributions.
> Bond investors want low risks and expect to be paid back reliably on schedule or you could be forced into bankruptcy. It’s a bad fit for a startup facing a lot of unknowns.
That's a pretty large generalization which is incorrect in many cases. Bond terms and risk levels can vary quite wildly.
> Does a co-op do anything more effectively to make up for limited access to capital? It sounds like dividing a smaller pie.
Compensates and otherwise treats its workers fairly. It's worth noting that not all incentives are monetary.