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It's a Non Profit Corporation - it is a business, but a business who's job is not to return value to shareholders, but to server the public good. As far as cut
by count 9y ago
It's a Non Profit Corporation - it is a business, but a business who's job is not to return value to shareholders, but to server the public good.
As far as cutting costs and institutional maturity: sure, your all look at any company bankruptcy. You can also look at the millions and millions of non-bankrupt companies, and realize that you're overgeneralizing.
- caseysoftware 9y agoOnce again, I'm talking about the time after a company starts to lose.. and the time it takes them to "correct" if there is a "correct" path. Or as the top commenter put it "the institutional imperative" - https://news.ycombinator.com/item?id=14287430 https://news.ycombinator.com/item?id=14287430 - as described by Warren Buffet.
- Arizhel 9y ago>but a business who's job is not to return value to shareholders, but to server the public good. Is this some kind of Freudian slip?
- count 9y agoNo, it was a typo.