Flying Squid@lemmy.world to politics @lemmy.world · 5 months agoHow the late Bob's Red Mill founder avoided selling out to a food giant and instead transferred ownership to his 700 employeeswww.businessinsider.comexternal-linkmessage-square47fedilinkarrow-up1683arrow-down19
arrow-up1674arrow-down1external-linkHow the late Bob's Red Mill founder avoided selling out to a food giant and instead transferred ownership to his 700 employeeswww.businessinsider.comFlying Squid@lemmy.world to politics @lemmy.world · 5 months agomessage-square47fedilink
minus-squareLesserAbe@lemmy.worldlinkfedilinkarrow-up23·5 months agoAn ESOP is generally going to be better than sale to venture capital. That said for folks considering this I’d recommend conversion to a worker coop, since then employees both own the business and make decisions for the business.
An ESOP is generally going to be better than sale to venture capital. That said for folks considering this I’d recommend conversion to a worker coop, since then employees both own the business and make decisions for the business.