Reminder: on average, the expected value of minority common stock in a private company is zero.

> Those who hold common stock, like employees who bought stock during or after their years at the company, will see their stock canceled under the terms of the agreement, making those investments effectively worthless

https://missionlocal.org/2025/07/philz-coffee-private-equity-sell/

#sanfrancisco #philz #stocks

@Kierkegaanks

Perhaps #Philz employees lack a #union? And so less leadership, less organization, less cohesion, less ability to fight for the common good?

#labor #UnionStrong