2 ms·
There are lots of examples of employee-owned companies or B-Corps or the like. The problem is that these structures are often self-defeating. A B-Corp has no i
by legitster 3y ago
There are lots of examples of employee-owned companies or B-Corps or the like.
The problem is that these structures are often self-defeating. A B-Corp has no incentive to grow, so B-Corp often don't grow.
Had Bandcamp restructured into something like a non-profit foundation, that might have been pretty cool. Maybe even being musician owned.
- thenoblesunfish 3y agoCertainly they have less incentive than traditional corporations, but that is the point - they can elect not to grow if it best serves their other goals, which is very difficult for investor-owned companies.