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One of the companies I worked for was an ESOP [0]. Has there ever been anything like that in terms of journalistic publications? [0] https://en.wikipedia.org/w
by all2 3y ago
One of the companies I worked for was an ESOP [0]. Has there ever been anything like that in terms of journalistic publications?
[0] https://en.wikipedia.org/wiki/Employee_Stock_Ownership_Plan https://en.wikipedia.org/wiki/Employee_Stock_Ownership_Plan
- Scoundreller 3y agoHopefully not since the shares tend to go to $0. Though I’d note The Economist has staff and former staff as minority shareholders.
- all2 3y agoThe place I was at paid a lot more than $0 per share. Is zero share value common for ESOPs?
- Scoundreller 3y agoWhat I mean is that a lot of traditional journalistic outfits have been teetering toward bankruptcy in recent years/decades. While there are successes, the total size of the industry has been declining.
- pangolinja 3y agothis was a direct consequence of Google and Facebook's predatory pricing. How is a hack on the bread line supposed to take on the Goliaths of Silicon Valley?
- all2 3y agoAre we talking ad pricing? Or some other pricing? How is it predatory?
- aml183 3y agoI run a B2B media company called Payload and all our employees own equity in the company. http://payloadspace.com/ http://payloadspace.com/