Aren't many or even most of the startups essentially "employee owned"? I've heard that the average employee at NVidia is worth $25m.

So 900b total among its 36000 employees for a total of 900b/4.3 trillion market cap. Or roughly 20% employee owned (if that 25m number is correct).

This article (warning: obnoxious ads) is the only one I can find that claims to know who nvidea’s shareholders are and puts the number at 4.3%

https://capital.com/en-int/analysis/nvidia-shareholder-who-o...

I would not consider that to be employee owned (although I certainly wouldn’t mind the 25m)

I think the phrase "employee owned" means that employees own some of the company.

Do you feel that outside shareholders invalidate the claim?

Yes, my definition of employee owned would be “employees own a controlling share of the company”

Quit your job and start a co-op I guess.

Unionize