About Us

We the Shareholders Public Benefit Corporation (PBC) 

Corporate democracy and sustainable capitalism through business innovation, humane technology, and grassroots support. 

We the Shareholders, a Delaware public benefit corporation, is an early-stage, civic-fintech startup on a mission to realize the promise of corporate democracy and sustainable capitalism.

Instead of continuing to wait for policy reform—likely to be reversed with each election cycle—we are utilizing business innovation, humane technology, and grassroots support to create corporate democracy and allow us, corporations' real human owners, to use that democracy to create a sustainable capitalism that recognizes our holistic needs.

We are tackling the fundamental challenges of shareholder disenfranchisement, involuntary dissociation, and unfettered wealth-inequality that stand in the way of human investors' ability to engage, influence, and change corporate behavior—challenges that undermine American democracy itself.

We understand that technology is merely an amplifier and accelerator of our goals and biases, not an inherent good. We choose to use technology and design to enhance the best in humanity and remedy our weaknesses—not exploit our deepest vulnerabilities and prejudices.

As a Delaware Public Benefit Corporation, We the Shareholders PBC exists to produce a public benefit and must be managed in a manner that balances the interests of stockholders, stakeholders, and the public benefit. 8 DE Code § 362 (2015).

Read our mission statement.

Note: Corporate democracy is also commonly referred to as “shareholder democracy.”

Our Mission Statement

To fulfill the promise of corporate democracy and sustainable capitalism by enfranchising and organizing the world's shareholders. 

Real shareholders are everyday people whose well-being depends on more than quarterly profits.

As human investors who breathe air, drink water, consume goods and services, rely on good jobs to support our families, value freedom, and seek opportunity, we suffer when corporations pollute our land, air, and water, defraud consumers and shareholders, carelessly suppress wages and eliminate jobs, avoid taxes and take undeserved subsidies and bailouts from taxpayers, and corrupt our very democracy.

Although we vote at the ballot box for our government representatives and in the marketplace for the products and companies that deserve our hard-earned dollars, we lack meaningful access to the ballot box and our representatives in Corporate America.

To give voice to the financial and non-financial interests of everyday, human investors, We the Shareholders is working to break down the barriers between human investors and Corporate America through business innovation, humane technology, and grassroots support.

Our mission is to fulfill the promise of corporate democracy and sustainable capitalism: to return shareholder voting rights to real human investors, to empower them to participate easily and directly in corporate democracy, and to expand the shareholder class to reflect America's great diversity and create a prosperous middle class.

Our purpose is to build, maintain, improve, and protect the infrastructure of corporate democracy.

Our vision is a world where the investor class is broad and diverse, where all human shareholders are fully enfranchised, where communication between and amongst issuers and shareholders are unencumbered, and where participation in corporate democracy is painless, routine, constructive, and meaningful.

Read our public benefit statement.

“The purpose of a company is to engage all its stakeholders in shared and sustained value creation.” 

Davos Manifesto 2020

Our Public Benefit Statement 

The specific public benefit purpose of the corporation is to fulfill the promise of corporate democracy and sustainable capitalism. 

Accordingly, we work

— to build, maintain, and improve the infrastructure of corporate democracy and sustainable capitalism;

— to empower human investors, restoring their shareholder voting rights as well as enabling and encouraging their full, direct, consistent, and constructive participation in corporate democracy;

— to enlarge the size and diversity of the investor class to reflect that of our communities and nation at large—creating a prosperous middle-class and guarding against unfettered wealth inequality;

— to protect and advance the financial and non-financial wealth and well-being of human investors;

— to promote long-term investment, healthy capital markets, and equitable access to those markets;

— to use technology and design to enhance the best in humanity and to remedy our weaknesses—not exploit our deepest vulnerabilities and prejudices;

— to internalize externalities and to steward common resources, public goods, public trust, and democratic principles;

— to practice the principles of corporate democracy and sustainable capitalism within our own organization;

— and to reflect our values in a safe, healthy, diverse, inclusive, meaningful, inspiring, and joyful workplace.

We the Shareholders PBC exists to profitably serve the long-term health, happiness, and prosperity of our clients, employees, shareholders, stakeholders, communities, host nations, planet, and humanity at large.

As a Delaware Public Benefit Corporation, We the Shareholders PBC exists to produce a public benefit and must be managed in a manner that balances the interests of stockholders, stakeholders, and the public benefit. 8 DE Code § 362 (2015).

“He is certainly not a good citizen who does not wish to promote, by every means of his power the welfare of the whole society of his fellow citizens.” 

Adam Smith
Author of The Wealth of Nations and The Theory of Moral Sentiments

Our Team
If you want to go far, go together.

Portrait of Sung Choi

Sung Choi
Founder & CEO

Sung is a serial entrepreneur, software engineer, and sociologist. He holds a JD and a Certificate in Sustainable Capitalism and ESG from Berkeley Law. During law school, Sung began his research into corporate governance and shareholder democracy that ultimately led to founding We the Shareholders PBC.

Previously, Sung was heavily involved in civic tech. As an engineer on the 2016 Hillary Tech Team, he served as a major contributor to its online and education platform as well as iwillvote.com. He also contributed to Medicare infrastructure while a member of Nava PBC.

Originally trained in sociology and anthropology, Sung has conducted research as a Fulbright Fellow. Outside of work, he has volunteered with Girl Develop It and Public Rights Project.

Sung loves learning new things, looking at the world in new ways, and making a lasting impact. When he's not working on corporate democracy and sustainable capitalism, he's dancing, hiking, reading, and spending time with his dog, friends, and family.

Portrait of Charlie Gunyon

Charlie Gunyon
Senior Software Engineer

Charlie is a technologist focused on the social good, progressive, and civic tech spaces. In 2020 he worked on voter protection efforts in recounts across multiple states, as well as the Georgia runoffs, and in 2016 worked on voter protection software for the Hillary Clinton campaign.

In between he worked as a software engineer at Paladin, a social good startup aiming to close the access to justice gap in the US, building multiple portals for state bar associations and legal pro bono organizations. Previously, he developed embedded operating systems for jet engine performance monitoring at Rolls-Royce. In his spare time, he volunteers with US Digital Response.

Portrait of Stephen Kao

Stephen Kao
Senior Software Engineer

Stephen is a software engineer who focuses on using technology as a means of furthering social progress. He has a background in natural language processing and cryptography but now specializes in web application architecture and internal tools.

On the 2016 Hillary Clinton presidential campaign, Stephen built and systemized tools to streamline donations and increase voter engagement. He also volunteered on voter protection efforts in the 2020 general and Georgia runoff elections.

Outside of civic tech, he worked to empower teachers to share their handcrafted resources at Teachers Pay Teachers and helps to raise canine welfare standards through his work at Good Dog.

Our Blog
Our story. Our why.

Find out more.

The Voter Suppression No One Is Talking About

Disclaimer: Nothing on this site shall be construed as an offer to sell securities, as investment advice, as legal advice, or as tax advice. We the Shareholders PBC does not currently sell, trade, distribute, or advise on securities. We the Shareholders PBC is currently neither registered nor in the process of registering under the 1940 Investment Company Act. We the Shareholders PBC is currently neither a broker-dealer nor a registered investment advisor.
© 2021 We the Shareholders PBC