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submitted 1 month ago by [email protected] to c/[email protected]
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[-] [email protected] 1 points 1 month ago

Dude could have exited at like infinite most profitable points by now.

[-] [email protected] 5 points 1 month ago
[-] [email protected] 1 points 1 week ago

Exactly. It is getting more common to set up non-profit foundations in such situations. Disclosure: There’s a lot of legal stuff I don’t understand but I think the idea is that by having a non-profit entity that is focused on the “mission” and not profits, they will be more able to make the good long-term, decisions a founder might make instead of whatever makes investors the most money.

this post was submitted on 15 Jun 2024
194 points (100.0% liked)

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