Is there a database of companies with ESOPs and/or EOTs? One challenge is that 7x cap and only applying the % allocation by salary up to $350,000 of salary. Why would the main founders of a company do that when they feel like their risk reward for starting a company is significant ownership (whatever isn’t diluted by taking outside capital)?
We need a 1% pledge but toward more employee ownership as well, maybe there are movements here but I’d be curious to know as well. Orgs like Team Shares ostensibly are trying to buy companies then build a plan toward employee ownership but I that’s anecdotal and I don’t have a good sense for how widespread this is or how we might really incentivize and build a movement around this (or if anyone else already is). Main Street Summit would be an interesting community to survey around this.
