[AndrewKemendo]

Capitalists call it “dilution”

Go find a startup right now that is on the Series A-F pathway

Each new investment incurs ownership dilution. Based on what? Did the employees vote for this? Never

PE broadly and dictatorially controls the flow of capital as a class - they also mostly collude for deals - so early employees have zero say about these dilution actions

If the only solution is to not play (eg “well then go somewhere else/start your own”) then the structure is fundamentally flawed and needs to go away

[Veelox]

Dilution happens when the majority of share holders agree to a issue more equity. Again, this is a fully agreed to and is part of the standard rights of share holders. Early employee are given documents that explain this and sign. Can you explain this is illegal taking of property?

[AndrewKemendo]

In a venture backed startup, the majority of shareholders aren’t employees

Also even if they are at Seed, they increasingly won’t be

So unless the founding team is a bunch of syndicalists - which almost be definition they aren’t - they won’t ever structure the organization to reduce their own power on behalf of future workers

Thats by design and origination with the modern firm. Capital will not fund companies that don’t prioritize returns on capital

You see how the entire structure is built to prevent even challenging the structure

Companies founded as dictatorships are the only option people think is available and yet it’s not.

However there is no money for expanding this message because it does not benefit the people with money to invest in reducing their own power

[halfcat]

> the structure is fundamentally flawed and needs to go away

What’s a structure that improves upon this flawed structure?

[AndrewKemendo]

Here's two:

https://en.wikipedia.org/wiki/Public-benefit_nonprofit_corpo...

https://en.wikipedia.org/wiki/Mutual-benefit_nonprofit_corpo...