Startups Need a New Option: Exit to Community | HackerNoon

In early 2019, for example, the founder of the Shanghai electric-car company NIO transferred 50 million shares into a “user trust.” While the founder retains voting rights over the shares, the trust enables its members to help decide how to use a portion of the company’s eventual profits. This was not an act of charity; in the disclosure documents,... See more

In return, the company will:

1. Give ownership.


2. Let people defect.