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I never understood why people take non profit companies as more altruistic than for profit companies. The non profit doesnt mean no profits at all they still ha
by georgeplusplus 2y ago
I never understood why people take non profit companies as more altruistic than for profit companies. The non profit doesnt mean no profits at all they still have to be profitable. It's just boils down to how the profits are distributed. There are plenty of sleezy institutions that are non profit like the NCAA.
Foundations and charitable organizations that pubically get their funding are a different story but I'm talking about non profit companies.
I even had one fellow say that the green bay packers were less corrupt than the other for profit nfl teams , which sounds ridiculous.
- hedora 2y agoRegarding the Packers: At least (unlike literally every other NFL team), they’re not using city tax revenue to build a franchise that can move across the country at the drop of a hat. The NFL’s non-profit status is a farce though. Similarly, their misuse of copyright (“you cannot discuss this broadcast”) and the trademark “Super Bowl” (“cannot be used in factual statements regarding the actual Super Bowl”) should have their ownership of that ip revoked, if only because it causes massive confusion about the underlying law with a big chunk of the US population.