Former V100 Partner Searching for Work on Craigslist Forum

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Cobretti

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Re: Former V100 Partner Searching for Work on Craigslist

Post by Cobretti » Fri Jul 11, 2014 8:08 pm

feralinfant wrote:
Danger Zone wrote:
Cobretti wrote:This guy wasn't a partner, he was a "shareholder"
Is this a serious post

You know only lawyers can be shareholders in a firm right? And partners, for lack of a better phrase, hold shares in the firm, right?
It wasn't a serious post but there are some differences with gt's structure. That being said this post was a joke at how that structure is kind of dumb.
+1 feralinfant

it was a joke, but GT is actually structured as a corporation, not a partnership. So they actually do not have partners, and the equivalent are simply employees that are given equity in the corporation. At the firm they refer to themselves as shareholders. Obviously partnerships do not have shares, but I'm sure you've taken business associations as well Danger Zone so I don't need to explain that.
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