2 ms·
> So begging is your business model? Begging is a valid, profitable business model. Louis CK[1] and Radiohead[2] famously did it. Although nonprofits don't ge
by smt88 5y ago
> So begging is your business model?
Begging is a valid, profitable business model. Louis CK[1] and Radiohead[2] famously did it.
Although nonprofits don't get to retain profits or pay taxes on them, they can certainly earn a profit, which means there are thousands of organizations whose business model is begging. You may be interested to learn that the (supposedly) ultra-capitalist Ayn Rand Institute is among them.
1. https://theweek.com/speedreads/570880/louis-ck-released-new-comedy-special-pay-what-want https://theweek.com/speedreads/570880/louis-ck-released-new-...
2. https://www.nme.com/blogs/nme-blogs/did-radioheads-in-rainbows-honesty-box-actually-damage-the-music-industry-765394 https://www.nme.com/blogs/nme-blogs/did-radioheads-in-rainbo...