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They weren’t creating a company for the “good of mankind”. Most non profits have plenty of paid staff. In fact, there is a Ted Talk about non profits and why
by scarface74 4y ago
They weren’t creating a company for the “good of mankind”.
Most non profits have plenty of paid staff.
In fact, there is a Ted Talk about non profits and why their employees should get paid well.
https://www.ted.com/talks/dan_pallotta_the_way_we_think_about_charity_is_dead_wrong https://www.ted.com/talks/dan_pallotta_the_way_we_think_abou...
- bmitc 4y ago> They weren’t creating a company for the “good of mankind”. I feel most VC blurbs disagree with that, although of course that’s not their actual motivation. I don’t see how non-profits are relevant other than as examples of companies/organizations that do actually provide value in lieu of massive gains and profit. And I think you missed my point as I was responding to: > If you prevent such purchases, you eliminate a major factor in creating the value to begin with.
- scarface74 4y agoAnd you believe what the VCs say?
- deleted 4y ago[deleted]