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Seriously, the whole article is about Signal being run by a non-profit. I don't think the rest of it was horrible but a mistake like this makes it feel like it
by jaltekruse 6y ago
Seriously, the whole article is about Signal being run by a non-profit. I don't think the rest of it was horrible but a mistake like this makes it feel like it was written time of the market reporting bots that write all of the useless articles on stock news.
- jetman007 6y agoIt's funny, but have you ever checked what does "non-profit" company actually mean in the US? You would be surprised as it has nothing with an inability of gaining income. I don't remember that fact by heart, but it was something like - until a company doesn't spend more than 50% in total on wages or any benefits for internal team including founders and investors (like salary, bonuses, benefits all kind, dividends etc.) you can have any income and still be eligible for non-profit status.
- jaltekruse 6y agoYeah there definitely feels like having a "maximum compensation" for any individual involved with a non-profit should be considered. Lots of horror stories around about people abusing the system. That being said I'm pretty sure things are ironclad that you cannot sell stock in a non-profit.