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"At its two West Village all-day cafes specializing in brunch, Teamshares acquired controlling stakes: as of January 2023 Teamshares owns 90 percent of shares in both Banter locations while 10 percent is distributed to employees at no cost and accumulates over time, with a stated goal of becoming 80 percent employee-owned within 20 years; Teamshares positions itself as an acquirer that converts retiring owners' businesses to employee-owned models and has taken venture capital to back that approach." - Emma Orlow