# Who owns Menlo?

Menlo is currently a bootstrapped company. 

## Employee-owned

Every 6 months, Menlo distributes 1% of company equity among its team members: 

- Dec 2023: 1% distributed among 10 team members (1 part-time)
- June 2024: 1% distributed among 15 team members (4 part-time)
- Dec 2024: 1% distributed among 18 team members (5 part-time)

Distributions are performance-based, and cover both full-time and part-time team members and open source contributors. 

## Advisors

We allocated an additional 1% of the company for advisors. 

## Investors

We are open to taking on strategic investors who can help us learn and improve as a team, and become a global company. 