4 ms·

Hard to imagine Twitter working as a non-profit when so much compensation is tied to equity.

• nowarninglabel 10y ago
  Exactly. Most people who work for non-profits do so out of passion for the company and mission because the salaries often are going to be about 80% of market rate. With no equity to compensate with either, you are left mostly with the believers (or the less optimal workers). I'm not sure I see Twitter's mission being strong enough to attract the developers it needs if it were to become a non-profit. Further, while there are large media grants out there, I don't really see a huge pool of capital willing to cover Twitter's operational costs with donations.
  • losteverything 10y ago
    <see Twitter's mission I was going to ask What is it's Mission but then the more important question is Why Is it used? A straw into someone's brain not knowing if they drew acid, water, colored water or truth serum first into the straw before discharging and reading.
• Scarblac 10y ago
  What if it were a part of an organisation like, say, Mozilla?
• spikels 10y ago
  Very little compensation has been delivered via equity since the IPO. The stock price is down 20% and the outlook is not good.
  • mathattack 10y ago
    This exacerbates the problem. A company that got a lot of folks to work there because "We're giving double the equity of the other company you're looking at" will struggle with "We're converting to a non-profit" - just different types of employees.