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by paxys 1206 days ago
You need to explain the question further.

Should employees have some equity in the company? Of course. That’s the single biggest driving force behind the growth of the tech sector over the last few decades. It’s pretty hard for employees - especially at startups - to be fully bought in if they are getting a paycheck and nothing else.

Should every tech company be some kind of cooperative? That’s a harder one to answer, but this model hasn’t really been proven in the real world so until that happens it’s safe to say no, that won’t work.

1 comments

If I have a 1% stake in the company via an option and there are lots of ways you can get screwed out of making any money from it, then I am not going to act much different to an employee without it. If the founder becomes mega rich, I might if lucky get a paid off apartment in 15 year’s time.