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Humm .. understood point #1. Yes, the original goal was to bring money to a fund through sales.. but if the sales are diverted to a for-profit, ultimately benef
by kelu124 14y ago
Humm .. understood point #1.
Yes, the original goal was to bring money to a fund through sales.. but if the sales are diverted to a for-profit, ultimately beneficiaries will not enjoy it.
- eragnew 14y agoI think you may want to examine the assumptions in 'but if the sales are diverted to a for-profit, ultimately beneficiaries will not enjoy it.' Is that the truth, or is that what you think the truth is? There is an important difference between the two.
- kelu124 14y agoGood point as well, maybe biaised. However, beneficiaries can get returns through a partner who has experience and ensures the right return to beneficiary, when they are not transparent -- so unsure. You're right!
- polyfractal 14y agoAgreed. There is a very real chance that being a for-profit company can propel to you making more money for both the company and for your beneficiaries since you can hire more talented individuals. It's pretty well known that non-profits often starve for top talent simply because a lot of the top talent also wants to make more money than a poor college kid. Making money doesn't have to be orthogonal to doing good things in the world. There are plenty of companies that manage to do both.