3 ms·
Sure, my understanding was that Galois is not exactly a co-op. Why this structure? Is it more advantageous in the US?
by nextos 3y ago
Sure, my understanding was that Galois is not exactly a co-op.
Why this structure? Is it more advantageous in the US?
- s1artibartfast 3y agoOne of the main challenges for co-ops is navigating the entry and exit. If you had Direct employee ownership, you have to buy in when you start and sell your stock back when you leave. A trust with the employees as beneficiaries solves a lot of these problems. It also prevents the co-op members from taking the company public for a huge payday.