> If you keep revenue and control combined (a simple share structure, where each share gets a piece of the revenue and a vote, and employees get shares when they join), then you have other paradoxes. To make this work, you need to prohibit employees from selling their shares to investors, otherwise you're back to a conventional corporation. You also need to take the shares away from employees when they leave the company, otherwise former employees become a de facto investor class that you wanted to avoid

This describes most “partnerships” to a varying degree. Lots of professional firms operate that way, e.g. law firms, accounting firms, engineering firms, consulting