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0 pointsdaveguy9y ago0 comments

I think this is a thing. Registered as cooperatives. Even more liberal as customer owned like REI? Of course it could be they are just really good at selling that 10% stake.

I do agree that is a potentially exciting organization. I think there are some market analysis companies that have significant employee ownership and most profits are returned as dividends to make for a very cooperative atmosphere.

0 comments

alexose9y ago

REI is an interesting example. It's a co-op in name, but the employees don't have much representation at the top. (See: http://www.thestranger.com/slog/2016/07/11/24328725/rei-work...).

There are lots of great companies that are employee-owned (the Winco chain of grocery stores comes to mind), but I'm not aware of any in the tech startup world.

I'd love to know about market research companies with an employee-owned model! If you know of any specifically, let me know. Google doesn't seem to be of much help.

substack9y ago

Winco is a privately-held company with an ESOP (employee stock ownership plan). Employees do not have voting rights. This is better than most private companies, but cooperatives provide voting rights in how the company is run which I think is more important.

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