> Equal ownership of something that’s likely to be zero.
I dunno; co-ops have been successful in other areas of endeavor. It's as reasonable a way of organizing a company as any other.
I mean, mostly they are businesses that provide goods and services for money; businesses who's value rests mostly at their profit in a point in time, but it's possible you could come up with a co-op like structure that would work for a tech company where a lot of the value is in the company and getting the company bought out by a larger entity.
I don't know how you'd do it, but I don't see any reason why it couldn't be done.
I can tell you that as a tech worker with options, I would be whole hell of a lot more likely to join a pre-IPO company if they structured the thing in a way that was more transparent and respectful to the workers when it came to the equity component of their compensation.
I dunno; co-ops have been successful in other areas of endeavor. It's as reasonable a way of organizing a company as any other.
I mean, mostly they are businesses that provide goods and services for money; businesses who's value rests mostly at their profit in a point in time, but it's possible you could come up with a co-op like structure that would work for a tech company where a lot of the value is in the company and getting the company bought out by a larger entity.
I don't know how you'd do it, but I don't see any reason why it couldn't be done.
I can tell you that as a tech worker with options, I would be whole hell of a lot more likely to join a pre-IPO company if they structured the thing in a way that was more transparent and respectful to the workers when it came to the equity component of their compensation.