I wonder if this could be more easily adopted by Silicon Valley style startups if this ownership was of what would normally be the employee option pool rather than the whole company.
That way you'd still be compatible with venture capital, quarantine the hours worked dilution to the pool and you can treat founders differently to employees if you want by having founders shares outside the option pool.
That way you'd still be compatible with venture capital, quarantine the hours worked dilution to the pool and you can treat founders differently to employees if you want by having founders shares outside the option pool.