nyx.eth
@nyx
it is a STRUGGLE to set up entities that distribute the outcome of labor to folks actively working on a project vs passive investors not taking part in creation in the us. the toolset of capitalism is finely honed for it, and it takes some literal witchcraft to deviate.
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bchow
@bchow
What about a PBC in which there is a constant rate of new share issuance to employees? Let’s say new shares equaling 25% of current total supply are issued to all current employees every year. Forces dilution of passive capital and the ex-employees. Maybe add rev-share for shareholders to taste?
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nyx.eth
@nyx
i do like this idea! and rev share is really the dream when there are not losses. my general sense has been it is difficult to make the corporation structure work unless everyone involved is already wealthy. The taxes from the share issuance can be prohibitive, especially if you are profitable and they aren't liquid!
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bchow
@bchow
Agreed! My friends outside of tech who have worked at "employee-owned" companies are quite jaded by their experiences. It seems that in practice, most employees feel disenfranchised by employee-owned governance structures, and the rev-share is paltry
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nyx.eth
@nyx
there's definitely a spectrum of true equality (but inefficient) <---> dictatorship (extremely efficient) when it comes to making decisions. And I can see how the extremes can feel futile. It's been interesting seeing folks try many different points along the spectrum in the petri dish of the web3 space!
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