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I'm not sure that's a valid precedent. National Geographic was facing bankruptcy with a bleak future. Their options were to sell or shut the doors - they took
by tw04 7y ago
I'm not sure that's a valid precedent. National Geographic was facing bankruptcy with a bleak future. Their options were to sell or shut the doors - they took what they believed to be the lesser of two evils.
.org prints money - they have almost no overhead, and a basically guaranteed revenue stream. This isn't a public good that has no other options to survive - it's a bunch of shady board members attempting to enrich themselves at the expense of the public good.