3 ms·
> If you keep revenue and control combined (a simple share structure, where each share gets a piece of the revenue and a vote, and employees get shares when the
by Scoundreller 2y ago
> If you keep revenue and control combined (a simple share structure, where each share gets a piece of the revenue and a vote, and employees get shares when they join), then you have other paradoxes. To make this work, you need to prohibit employees from selling their shares to investors, otherwise you're back to a conventional corporation. You also need to take the shares away from employees when they leave the company, otherwise former employees become a de facto investor class that you wanted to avoid
This describes most “partnerships” to a varying degree. Lots of professional firms operate that way, e.g. law firms, accounting firms, engineering firms, consulting
- mox1 2y agoYes, a large percentage of of the consulting / services business that you would know the name of are organized like this. For services / consulting it makes a lot of sense.