this post was submitted on 09 Nov 2024
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I've changed my mind and I'd like to disagree with my previous statement. You can't pay people to care.
Very good point. I worked for an employee owned company and I hated the work, but loved the atmosphere. There really was this sense of everyone there working together to make everyone better. I don't think stock options can provide the same atmosphere, the employees need to have agency around leadership choices as well as the compensation that comes with it.