Schmoes is a 7 letter English word. It's valid Scrabble word worth 12 points. It's valid Words with friends word worth 13 points.
You can make 135 anagrams from letters in schmoes (cehmoss).
An Americanism dating back to 1945-50; of obscure origin
The founders and bosses will have Class A shares – one share, one vote – just like any schmo who buys in at the IPO.