this post was submitted on 15 Feb 2024
393 points (97.8% liked)
Technology
58303 readers
8 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related content.
- Be excellent to each another!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, to ask if your bot can be added please contact us.
- Check for duplicates before posting, duplicates may be removed
Approved Bots
founded 1 year ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
“ …ways you can organize a business that makes literally impossible to legally do these things. ”
Not disputing this is true, but could you provide some examples?
They're talking about making it a nonprofit, I'm sure. People working for nonprofits can have good salaries so its not like they're not good to work for, and any profit can be reinvested into the company or donated to other nonprofits. But you can't sell the company to a for-profit (I don't think), and the ownsers can't take all of the profit for themselves.