3 ms·
Legally there aren't many (any?) meaningful differences with a public benefit corp. Law changes in 2020 made it such that a PBC is more of a marketing thing tha
by _heimdall 2y ago
Legally there aren't many (any?) meaningful differences with a public benefit corp. Law changes in 2020 made it such that a PBC is more of a marketing thing than anything else in my opinion.
We've already seen the number of PBCs increase quite a bit since the law change, there was exactly 1 before 2020 if I'm not mistaken. I fully expect companies to start using it as virtue signaling, making the distinction effectively meaningless.