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A donation and a loan are not the same thing. Even for a 0% loan. This means Signal has an obligation to come up with $105 million somehow. So, at the least, t
by freeopinion 5y ago
A donation and a loan are not the same thing. Even for a 0% loan.
This means Signal has an obligation to come up with $105 million somehow. So, at the least, they can monetize $105 million worth, and still be a non-profit. More likely, they need to monetize $2 million/year for that loan, plus however many $million/year to pay salaries, etc. just to break even and be "non-profit." When you pay a single developer $200K/year + $20K/year health insurance + $5K/year food, it's pretty easy to be a non-profit even when you are trying to be high-profit.