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Out of curiosity, how would you imagine that working out, technically and specifically? You start out with founders having equity, and maybe some early investor
by Etheryte 1y ago
Out of curiosity, how would you imagine that working out, technically and specifically? You start out with founders having equity, and maybe some early investors. Then you employ some people and... what happens exactly? Are new shares created, is everyone who was already onboard slowly diluted, what happens when someone joins and leaves? Etc, I don't think there is an approach to this where all sides would be happy, so I'm interested to hear your thoughts.
- steveklabnik 1y agoNot your parent, and not suggesting in any way that Oxide is one, but the key term you want to search to learn more about that kind of arrangement is "worker owned cooperatives." There's a lot of variety in how it's handled.