@imani I'd say usually so, especially in the start-up world.

The default arc tends to aim towards the "successful exit" in which the company/project moves from the control of the heroic individual founder to VC/IPO in a liquidity event that formalized the company as a commodity.

A lot of my dayjob work is trying to nudge such folks towards an alternative #EquitableExit via selling the business to the workers...

@ntnsndr Can't be too specific at this stage, but fits the framework of founders approaching retirement and examining options for an #EquitableExit... ;)
@samtoland @Antanicus Ha! Basically, my usage of it was thinking about ownership succession to worker and/or consumer ownership as an alternative to VC/PE/IPO. So #BuyTwitter succeeding would be an #EquitableExit, as are the sorts of worker buy-outs that I deal with in my day-job.

It's time for the #socialcoop #tootup! Figure I'd kick it off with an #introduction:

I live in #BTV, and my dayjob is with the #Vermont #EmployeeOwnership Center. We work w/ businesses considering an #equitableexit to their employees via a #workercoop or #ESOP. I'm also involved with 2 #coops #InvestmentClubs (1 local, 1 #platformcoop), a #coop #brewpub #startup, the #BuyTwitter campaign, and the social.coop #mastodon #instance! I also have two #bunnies and live in #BernieSanders' neighborhood.

@strypey @jeffcliff I like the framing of #coop as the #EquitableExit. I do worker-ownership conversions in my day-job, so the legacy mindset that drives small biz owners to self-finance a retirement sale to the workers could be better cultivated in tech culture. Lots of "community" rhetoric (like Zuck's manifesto), but the structures don't match...