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Re:Working for a startup makes less sense by viklove on Tuesday December 24, 2019 @12:00PM (#21873305)
The technical term is a coop, like REI.
Re:Working for a startup makes less sense by rsecora on Tuesday December 24, 2019 @01:34PM (#21873964)
Workers cooperatives are too risky, the liability in case of default is not limited in all legislations that i'm aware. There are successful cooperatives in most countries but those are the exception not the norm.

It's always simpler, safer and more wise to incorporate.

Re:Working for a startup makes less sense by jonny_eh on Thursday December 26, 2019 @12:36PM (#21885348)
Why can't the shares be given to employees? Why do the shares need to be owned by investors?
Re:Working for a startup makes less sense by Apocryphon on Tuesday December 24, 2019 @11:57PM (#21876908)
Sounds like this could be a potential avenue for innovation.