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This could follow an idea that has been circulating around Washington, D.C., to create a new kind of statutory entity for a “growth startup corporation” distinct from existing classes like a C corp, LLC, or partnership. These “G corps” would be available only to companies that are human-capital intensive, have equity that is widely shared with all employees, invest in worker training, and so on. In exchange, they would be able to “grow into” various rules and regulations only as they scale.
The Startup Way: How Modern Companies Use Entrepreneurial Management to Transform Culture and Drive Long-Term Growth
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