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mtct88today at 2:18 PM2 repliesview on HN

Why don't cooperatives of IT professionals exist? It's a business with low capital entry and high dividends.

Workers should prefer to own their company as risks are really low (in contrast to other industries).


Replies

nextostoday at 2:20 PM

AFAIK, Galois is 100% employee owned: https://www.galois.com/life-at-galois

I know people working both at Galois and Mondragón, and they seem to be relatively similar in spirit.

senkotoday at 2:34 PM

They might be rare, but they do exist: https://en.wikipedia.org/wiki/Igalia