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Can Engineers Stage a Coup and Take over Their Company?

14 pointsby utku133710 months ago

7 comments

JohnFen10 months ago
Why stage a coup rather than the tried-and-true method of the core engineers leaving the company to start up a competing one?
pavel_lishin10 months ago
I'm not a lawyer, but I bet one could poke three dozen holes in this plan from the first paragraph where the initial felony planning begins.
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hnthrowaway032810 months ago
Engineers in general don't have the heart and gut to play politics. Actually ordinary people don't. That's why we tolerate assholes because they are supposed to be our assholes.
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sophyphreak10 months ago
I&#x27;m confused why the engineers can&#x27;t just form a union and go on strike, demanding either better conditions, a seat at the table, or actual control like this article suggests. Unionizing and striking are protected activities in the United States and many countries while everything suggested in this article is frankly not.<p>I&#x27;m not a lawyer, but as other commenters mention, this would be both illegal and totally reversible because it would be a decision made due to coercion. In the same way a contract is not legally binding if someone holds a gun to your head and compels you to sign, the decision to give the coup leader control of the company wouldn&#x27;t be legally binding either.
rolph10 months ago
it seems like the shares should be accumulated first so the take over is not a coup, but a restructuring.<p>that being said, engineering the straw purchase and smurfing of shares to produce a controlling, or super-leveraging investors group sounds like what the &quot;bad guy&quot; does.
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tracker110 months ago
Not exactly a new thought exercise... it&#x27;s basically a communist takeover of a single given company.<p>A better, imo, plan would be to convince the most impactful engineers to join you in creating a new, competing company in a location where non-compete agreements aren&#x27;t binding.
brodouevencode10 months ago
&gt; but let’s not forget who’s actually behind these successes: the engineers<p>this narcissistic mindset is THE reason why if anything like this were ever tried, it would fail spectacularly