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VCs could finance these companies and make money on the investment that way without taking ownership. For example, I am certain YC accepts non-profits which ha
by throwaway_law 7y ago
VCs could finance these companies and make money on the investment that way without taking ownership.
For example, I am certain YC accepts non-profits which have gone on to attain VC investment... and non-profits don't have any ownership.
- chongli 7y agoThey could finance these companies in some roundabout way, but then to call them co-ops would be dishonest or even fraudulent, depending on who you ask. Why go to all the trouble? VCs seem to be fine investing in traditional, capitalist companies.