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But startups are worker-owned, insofar as the founders are able to profit from it.

• WalterBright 1y ago
  Some startups are worker-owned through stock grants, but those grants are rarely evenly distributed. The founders hold the majority as long as they can. It is a good practice for companies to include stock as part of the pay package. It encourages alignment of the company with the employees. Very, very successful companies follow this model, such as Microsoft, Apple, Amazon, Google, etc.
  • whatshisface 1y ago
    It seems to indicate that if Amazon was employee-owned today, the first thing they would vote to do is convert future hires into non-owners, because that's what the founders did when it was actually employee-owned.
    • KerrAvon 1y ago
      Not entirely sure what you're saying here. Amazon still provides stock to employees as part of the comp package, AFAIK.
      • curmudgeon22 1y ago
        I mean, it probably depends on the type of employee. I assume folks doing deliveries or working in warehouses aren't getting stock packages. I wonder if the admin or accounting folks do.