Wednesday, June 5, 2019

Mark Cuban: Workers paid by the hour are ‘always going to fall behind,’ making wealth inequality worse

https://www.cnbc.com/2019/06/03/mark-cuban-workers-paid-by-the-hour-are-always-going-to-fall-behind.html

 ...said Cuban, “We as entrepreneurs have got to make a point to give stock to everybody that works for us. Period. End of story. No exceptions, because that’s the only way people are going to get any type of equity appreciation.”
If entrepreneurs give their employees an ownership stake in the company, then employees can reap the benefits of its success as the value of the stake grows, said Cuban, often substantially.

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