Are there any good tech companies where your surplus value isn't stolen, and the fate of the company isn't in the hands of a few rich owners and VCs?

  • kegel_dialectic [he/him]
    ·
    edit-2
    4 years ago

    Yes. Loomio is a tech startup that is a cooperative and democratically managed. When a new partner/member comes on board they buy a share of the company for $1, which can only be sold back to the company for $1, so there is no benefit to "cashing out" later.

    Their main product is collaborative organizational management software to help make your own workplace more democratic, and they do consulting on how to restructure existing orgs to go in that direction.

    The General Intellect Unit podcast did an interview with their team on the history of the org, how they operate, and socially what it is like to work at a place without a hierarchy, and how conflicts are managed.