News for hackers. Stuff that matters.
Re:We Spent $3.3M Buying Out Investors: Why and How We Did It by icelancer on Wednesday August 29, 2018 @08:33PM (#17873252)
>> Close-held profitable companies make their shares liquid by buying them back or by distributing dividends (as "profit sharing").

Yes, this is exactly what we do with our equity and our employees.

It is ridiculous around Hacker News that this idea has been completely lost and almost everyone focuses on RSUs and unicorn valuations and longshots, rather than simply... I don't know, making a business that very calmly makes a few million dollars per year with double digit growth rather than insanity.

Re:We Spent $3.3M Buying Out Investors: Why and How We Did It by scarface74 on Wednesday August 29, 2018 @09:01PM (#17873368)
It’s as if the idea of working for a company that’s profitable, pays market rates, and may pay a bonus to it’s employees out of its profits is blasphemous....