Reddit reviews The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good
We found 1 Reddit comments about The Enlightened Capitalists: Cautionary Tales of Business Pioneers Who Tried to Do Well by Doing Good. Here are the top ones, ranked by their Reddit score.
It really depends on how they are structured and who owns what.
One of the most successful partnerships, Goldman Sachs (not a coop, but the same analysis because shares were restricted) was basically forced to go public because the shares were worth so much and no one in the partnership could buy without issuing more shares. Big pay day for them.
My favorite worker-owned coop is W.L. Gore & Associates. A good book explaining corporate structures is The Enlightened Capitalists.
No matter what corporate structure is adopted, one thing is certain: everything is great if the business makes money. Once it starts losing money it doesn't really matter.