4 ms·
Etsy is currently a B corporation. They're likely to not remain one. The article clearly points this out, but it's easily verifiable as well: - https://www.bco
by ryanbrunner 9y ago
Etsy is currently a B corporation. They're likely to not remain one. The article clearly points this out, but it's easily verifiable as well:
- https://www.bcorporation.net/community/etsy https://www.bcorporation.net/community/etsy
- https://blog.etsy.com/news/2012/etsy-joins-the-b-corporation-movement/ https://blog.etsy.com/news/2012/etsy-joins-the-b-corporation...
- https://www.etsy.com/ca/mission https://www.etsy.com/ca/mission
- valuearb 9y agoIt's a process the CEO tried to start, never became binding because they are incorporated in Delaware which doesn't recognize B corps, and can't finish because he doesn't have buy-in from the owners of the company. So it's temporary status doesn't belie the fact it's not going to be one and shouldn't be treated as one.
- dublinben 9y agoDelaware absolutely does incorporate Public Benefit Corporations. Kickstarter is one example.
- harlanlewis 9y agoThis is way outside of my expertise or experience, but this thread got me curious. Here's what 3 minutes of googling indicates: * most states have b corps * most states that have b corps based them on the Model Benefit Act, drafted by B-Lab * Delaware has b corps, but they are not based on the Model Benefit Act * whether the Model Benefit Act was used affects all sorts of things (requirements, reporting, standards, decision makers, enforcement…) So it seems fair to say that delaware has b corps, but they are not like the others.