> In other words, let's suppose the old Friendster social network was structured as "non-profit-board-controlling-a-for-profit-Friendster" like OpenAI. The idea

> In other words, let's suppose the old Friendster social network was structured as "non-profit-board-controlling-a-for-profit-Friendster" like OpenAI. The ideals of the "non-profit being in control" is a moot point when a competitor like Facebook makes non-profit-Friendster irrelevant. This feels like it's missing a really really important point, which is that in this analogy, the mission of the non-profit would be something like, "Make social media available to all of humanity without advertising or negative externalities", and the for-profit plans to do advertising to compete with Facebook. The for-profit's only plan for making money goes directly against the goals of the nonprofit. That's the problem. Who cares if it's competitive if the point of the competition is to destroy the things the non-profit stands for?