The shortcomings of traditional ownership have expressed themselves in a surge of alternative ownership models that seek to tackle several problems: threats of mission drift vis a vis pressure to exit, concentration of enterprise value to founders and shareholders, and lack of worker and community engagement, to name a few.
Both historic and emerging models combat that narrative, as featured in Transform Finance's recent Alternative Ownership track at SOCAP18. Steward Ownership in particular has garnered attention of late, as it seeks to put purpose maximization at the center of companies, protect independence, and benefit/balance multiple stakeholders interests.
In this webinar, we will dig into a Steward Ownership transaction in practice: the recapitalization of the Organically Grown Company into a Purpose Driven Perpetual Trust. Natalie Reitman-White of OGC and Derek Razo of Purpose will discuss this instance, followed by a conversation on how investors can think about the applicability of the model to other enterprises.
