3 ms·

> The original creator of the company will care about that because they know why they are trying to solve the problem. Everyone that comes after will not. A go

• astrange 4y ago
  A non-profit is largely motivated to stay alive, just like a for-profit, but mainly does it by asking for money from rich people rather than selling things. Also, the extra accounting and regulation is intense for a small organization. These have been getting popular recently: https://en.wikipedia.org/wiki/Benefit_corporation https://en.wikipedia.org/wiki/Benefit_corporation
• ipaddr 4y ago
  Much of the wealth a non-profit generates can get lost on large salaries and expense accounts. A charity might have more rules and send a stronger signal. But having said that the creator could make tons of money and then shut it down because it is not needed. That's perfectly logical
• scarface74 4y ago
  When someone mentions that I always talk about the credit union I worked for in college: - first it was a non profit credit union that served a few local large companies. - then it became a larger “regional credit union” - then they said “fuck it we are a for profit bank”. Every large organization seeks to increase its power. You see the sane thing in churches.
  • naasking 4y ago
    Sure, the smell of money in the air attracts the sharks who then slowly took over.