5 ms·

Stack Overflow isn't a non-profit though?

• geysersam 3y ago
  Yes you're right. But I think the point still stands. There are other examples.
  • eterm 3y ago
    If your point is that capitalism can't deliver something like Stack Overflow then I'm not sure the point does still stand, because clearly it could.
    • geysersam 3y ago
      The point is rather that a notable chunk of the the worlds most valuable websites are nonprofits. Despite them receiving considerably less investment than their for profit / venture capital counterparts.
      • ThunderSizzle 3y ago
        Although non-profit doesn't mean charity. Non-profits simply mean they're income needs to be balanced with their expenses, such as through wasteful (or polarizing) spending in the example of Mozilla.
        • asadotzler 3y ago
          That is not what non-profit means. It means that the IRS does not tax you. There are many different kinds of non-profits and none of them are required to balance income and expenses -- many save far more than they spend and some spend more than they save, they're simply not pulling profits out for investors.
          • nhumrich 3y ago
            Thats also not what non profit means. There are many kinds of non-profits and some of them aren't exempt. There is a no tax incentive to non profits that qualify (501c), but the definition is, quite literally, that they can't turn a profit. In other words, excess cash cannot be divied out among its owners.
  • deleted 3y ago
    [deleted]