this post was submitted on 25 Jul 2024
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General Discussion

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[–] Grandwolf319 3 points 1 month ago

Think of it like a founder selling their company to their current employees.

Current employees have no money but will if/when their future company does well.

A third party pays the owner now and manages this account.

Once employees retire, they sell their shares to the company, and the company uses that for new employees!