News for hackers. Stuff that matters.
Re:1% Equity for Founding Engineers Is BS by dylan604 on Monday February 10, 2025 @01:53PM (#43003727)
> Why does no one run a completely employee owned tech company

I think this might be selection bias or something along those lines. There are probably more companies than you'd expect that are techy bootstrapped companies, but they don't make the news because they don't have the funding round type of announcements. These companies also tend to do something not centered around AI or socials, so again, they fly below radar. I've worked at more than one

Re:1% Equity for Founding Engineers Is BS by righthand on Monday February 10, 2025 @02:50PM (#43004418)
Sure and I guess that I shouldn’t expect to read about them here necessarily.
Re:1% Equity for Founding Engineers Is BS by dylan604 on Monday February 10, 2025 @03:39PM (#43004859)
No, I'd expect people posting here are doing specifically in a hope to get a VC to come knocking.