Full-Time
Confirmed live in the last 24 hours
Facilitates employee ownership of small businesses
$60k - $70kAnnually
Senior
Santa Fe, NM, USA
Position requires onsite presence in Santa Fe, NM.
Teamshares facilitates employee ownership of small businesses, particularly targeting those whose owners are nearing retirement. The company purchases these businesses and gradually transfers ownership to the employees, starting with 10% of the stock and increasing to 80% over 20 years. This approach helps maintain business continuity and prevents job losses that can occur when a business is sold or closed. Teamshares generates revenue from the profits of the businesses they acquire and manage, and they also offer proprietary software, education, and financial products. By promoting employee ownership, Teamshares not only supports the financial stability of employees but also strengthens the local economy by preserving small businesses. Their goal is to redistribute $10 billion of stock wealth to hardworking Americans, ensuring a smooth transition for retiring owners and a sustainable future for their employees.
Company Stage
Debt Financing
Total Funding
$214.3M
Headquarters
New York City, New York
Founded
2019
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