4 ms·
Illegal to restructure a business?
by abigail95 3y ago
Illegal to restructure a business?
- OkayPhysicist 3y agoTo restructure a non-profit, that solicited donations, into a for-profit entity? Abso-fucking-lutely.
- sbierwagen 3y agoEasy enough to return the donations.
- username135 3y agoIs this sarcasm?
- EchoReflection 3y agopretty sure not sarcasm
- arthurcolle 3y agoMoney is spent
- AYBABTME 3y agoIt's not just "restructuring" a business that's a 501(c)3... to make it a golden goose for MSFT. The whole thing was created to avoid one of Big Tech having a monopoly on AI, and it turns into Big Tech having a monopoly. Perhaps it's all legal but I think it's very understandable to look at it and think it's a travesty.
- pfannkuchen 3y agoI thought it was created to prevent specifically Google from having a monopoly on AI. So mission accomplished?
- speedylight 3y agoI imagine you’d have to either pay back all of the people who donated to the non-profit first, or negotiate a deal with for a stake in the company before you can transform it into a for profit.