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> Well, first of all, we’re not a for-profit company. We’re a non-profit that has a capped profit subsidiary. We thought really hard and designed a structure wh
by catchnear4321 3y ago
> Well, first of all, we’re not a for-profit company. We’re a non-profit that has a capped profit subsidiary. We thought really hard and designed a structure where our nonprofit has full control and governance over a capped for-profit subsidiary that can make a certain amount of money for its investors and employees to let us do what we need to do. These models are extraordinarily expensive.
sama is an expert at mental gymnastics. really stuck the landing with “also this costs lots of money (so don’t judge)”