A lot of times it takes the form of an ESOP. IMHO, it usually founders trying to cash out from the company. There is still usually a board and CEO, however shares are owned by the employees. The ESOP companies I’ve been involved with did not sell voting shares to employees, which to me was disenfranchising. The benefit was that you had shares and stake in the company, so if the company did well, you did well, however cashing out was tightly controlled.

I suppose they could be great and hope that everyone else has better experiences but to me, I see an employee-owned company and I tend to think it’s a farce.

If four out of five people voted, then I think we’d be in a lot better shape as a country. Civic engagement does not seem to be on the uptick, would love to see some better stats on that.

Then vote…

Sycophants….

And he’s right!

Oh the unfulfilled promises of Tech….

That ship is listing lazily to the left….