The profit sharing is what would hook me and, I'm sure, plenty of other entrepreneur-minded programmers. That's something you can do at a small company that a big company won't do. It also gives employees a since of ownership, and aligns their incentives with the company's. I believe Wufoo did something similar with great success.
Right, anything else in such a people-dependent industry is capitalist bullshit.
The company consists of the people in it, they deserve a direct share in the profits.