Why should employee ownership be limited to VC-backed tech?
It's just a quirk of history that equity is a standard part of tech compensation but rare outside of venture. Even when an LLC (say a brewery, or auto shop, or PE-backed business) wants to give their employees a share of the pie, the structure are opaque and frankly annoying.
Until now 😁
So proud of Christina Cheledinas and her team's work on LLC Blueprints. This is a massive, interactive guide on issuing equity if you are an LLC business.
We break down what types of equity today’s LLCs are granting, which path to choose based on the factors you want to optimize for (cost to buy in, tax treatment, ease of adoption, etc.), and how to get started. Full guide in the first comment below.
Carta exists to create more owners. That mission does not end at the cap tables of tech startups.
Here's to expanding ownership into as many businesses as possible. Employees should have a stake in the companies they help build!
#LLC #equity #employeeownership
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