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by AndrewKemendo
817 days ago
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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 |
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