Re:Amazon is piloting teams with a 30-hour workweek
by rad88 on Saturday August 27, 2016 @06:36PM
(#12374479)
> I'm not especially interested in whether or not it's cosmically fair when deciding whether or not it's deserved.
The argument about the "risk-tasking investors" rightfully owning the work of the "risk-free employees" is an appeal to fairness (the investors could lose their investment while the employees still gain their salaries), so by the way it does seem that you are interested in that.
Early efforts in organizing the company and navigating difficult waters are work and those employees should be compensated with ownership. I don't think that subsequent work by subsequent employees should not be compensated in this same way. Mark Zuckerberg and half a dozen friends created a company valued at $98M by Accel in 2005 and enjoyed ownership of that. Today he and 15,000 others create a company valued at $360 billion, of which he enjoys 25% ownership while the combined ownership of the rest is miniscule.
The argument about the "risk-tasking investors" rightfully owning the work of the "risk-free employees" is an appeal to fairness (the investors could lose their investment while the employees still gain their salaries), so by the way it does seem that you are interested in that.
Early efforts in organizing the company and navigating difficult waters are work and those employees should be compensated with ownership. I don't think that subsequent work by subsequent employees should not be compensated in this same way. Mark Zuckerberg and half a dozen friends created a company valued at $98M by Accel in 2005 and enjoyed ownership of that. Today he and 15,000 others create a company valued at $360 billion, of which he enjoys 25% ownership while the combined ownership of the rest is miniscule.