anonisprivacy
For example, very few people are willing to leave their cushy jobs and grind it out a few years at a startup that might fail.
While America was founded on the principles of democracy, didn't they make sure that only a select group of people could participate?
In that way, it's similar to how companies are run, with a select group of people making decisions.
It honestly depends on how much skin I have in the game.
The founder of my company spent years using his own money and getting personal loans to fund it. So the decisions that he makes directly impacts him.
A lot of the managers here also grew with the company and have invested years of time and money.
For me, this is just a job. It's a good job, but I wouldn't really be willing to sacrifice anything for it. I would leave for another job before it came to that.
I think a more fair way might be how law firms set up partnerships. If you want to be a decision making member, you have to put in a substantial amount of money.