employee-ownership
(5)
Victory Capital
How a management buyout out of a Cleveland bank turned into a $300-billion-plus asset manager that collects boutiques the way other firms collect logos.
Qapita
Qapita is a Singapore-headquartered equity management platform that helps private and public companies, startups and investment funds run their cap tables, employee stock ownership plans (ESOPs), valuations, fundraising, liquidity events and fund administration in one system. Founded in 2019 by a banker-investor-technologist trio, it serves over 2,400 private companies and 100+ listed companies across India, Southeast Asia and now the US, managing more than $55B in equity for over 500,000 stakeholders.
Firebrand Artisan Breads
Firebrand Artisan Breads is an Oakland-founded, Alameda-based wood-fired bakery that describes itself as a jobs program that happens to sell bread. Founded in 2008 by Matt Kreutz, it wholesales artisan breads and pastries to hundreds of Bay Area retailers - including Whole Foods - and runs a direct retail cafe. Its defining feature is an Open Hiring model that prioritizes people with high barriers to employment (formerly incarcerated, formerly homeless), paired with a perpetual purpose trust that locks the mission in permanently and shares profits with workers.
Eric Foster
Eric Foster spent 42 years at Swinerton - one of the largest 100% employee-owned construction companies in the US - rising from project engineer in 1982 to CEO in January 2020, the company's 12th chief executive in its 132-year history. A UC Berkeley civil engineering graduate, he led Swinerton through the COVID-19 pandemic, oversaw the launch of mass timber subsidiary Timberlab, and expanded the firm to $4.3 billion in revenue across 20 locations before retiring on January 11, 2024. His career touched landmark San Francisco structures including SFMOMA and the historic Monadnock Building.
Mandy Cabot
Mandy Cabot co-founded Dansko in 1990 from the back of a station wagon and built it into a $140M comfort footwear empire - then gave the whole company to her employees. Now she's running Silk Grass Farms in Belize, a vertically integrated agribusiness sitting atop 24,500 acres of protected rainforest. Chapter three of an already remarkable life.