Teamshares | Careers
A permanent home for businesses
Teamshares is a tech-enabled acquiror of high quality businesses. We programmatically acquire companies with $0.5-5 million of EBITDA from retiring owners, integrate them with the Teamshares platform, and help employees earn company stock.
Win-win business model
We are on a mission to create a network of 10,000 small businesses that provide stock to employees.
The problem
When an owner of a small business decides to retire, they frequently put their business up for sale. 70% of those small businesses fail to find a buyer. If these businesses shut down, it creates a lose-lose scenario.
The owner loses their retirement money, all the employees lose their jobs, and the community loses a valuable business.
Our solution
Teamshares buys these companies from retiring owners and immediately grants a portion of the stock to the employees of that company — making them owners. We do this because we believe that employee ownership is a win-win.
Through training and opportunity, employees' stake and wealth grow with the company. As a result, the company remains locally owned and embedded within the community, and the succession issue is permanently solved for the business.
Creating the world we want to live in
In 2019 the Teamshares founders decided to start a company for one simple reason: to create the world they want to live in.
This inspired the mission of returning wealth to hardworking small business employees. It also applies to us. We owe it to ourselves and to each other to make Teamshares the best place we've ever worked, by leading with our values and reimagining company culture.
Madhuri Kommareddi
Chief Operating Officer
Michael Brown
Cofounder & CEO
Kevin Shiiba
Cofounder & CTO
Alex Eu
Cofounder & President
Brian Gaebe
Chief Financial Officer
How it's going so far
- $30M+ New wealth created for employee owners
- 1,800+ New employee owners
We are connected by our values
Trust comes first
Without the trust of our customers and colleagues we have nothing.
"From founders to peers, at Teamshares, I genuinely feel trusted and supported through active listening and thoughtful action."
Maya Azzi, Recruiting Operations Associate, Tuscon, AZ
Take initiative
Don't wait. Just do. We've got your back.
"When a teammate presents an initiative or introduces an idea, it's almost guaranteed that others will offer to help or pitch in an insight or two on a path forward, that's one of the best parts about working here."
Wellington Anthony Johnson II, Software Engineer, Atlanta, GA
Show empathy
Understand your colleagues, our customers and our stakeholders' needs. Act accordingly.
"I constantly catch myself wondering how everyone here can be so supportive and pleasant to work with."
Rachel Yang, Product Designer, Brooklyn, NY
Make things better
Look with fresh eyes and find ways to continually improve our business.
"I've never felt more empowered to act on things than I do at Teamshares, your voice matters here and you will be supported!"
Paola Perez, President Recruiter, Bonaire, GA
Act thoughtfully
Being right doesn't matter. How you think does.
"I always feel empowered to make decisions based on my own best judgment and the company's values—and I know I'll be supported."
Max Miller, Engineering Manager, Brooklyn, NY
Be dependable
Do what you say you are going to do. Do the right thing. Be unflappable.
"We’re in this together, so when a coworker says they’ll handle something, I have full confidence that they’ll take ownership and do their best."
Justin Haddadnia, Product Manager, Boulder, CO
Remote first, 100% connected
We are remote first. We always were and always will be.
You can work from anywhere Teamshares operates. People who like to travel commonly travel somewhere and work from that destination. We stay connected virtually and via offsites twice a year.
Perks & benefits
We want to work with the best version of you. Take a break when you need one. Work from wherever you work best.
When you join Teamshares you're joining a group of kind, ambitious people who expect the same of you.
- 9 weeks Total time off per year. 4 weeks PTO + holiday closures.
- Compensation Competitive salaries no matter where you're based
- Health Insurance Comprehensive coverage. 100% paid for by Teamshares
- Parental leave 3 months for partners, +3 additional months for a delivering parent
- Retreats & offsites We come together twice a year at great locations
- Building Wednesday No internal meetings on Wednesdays so you can focus on deep work
- Remote office stipend Literally & figuratively set up for success.