4 ms·
The sad thing is, even non-profits are not guaranteed to stay that way indefinitely. See how CouchSurfing turned into B-Corporation after being denied their 50
by listic 14y ago
The sad thing is, even non-profits are not guaranteed to stay that way indefinitely.
See how CouchSurfing turned into B-Corporation after being denied their 501(c)(3) charity status:
http://en.wikipedia.org/wiki/CouchSurfing#2011_incorporation http://en.wikipedia.org/wiki/CouchSurfing#2011_incorporation
They were a non-profit, for the first 8 years.
- _delirium 14y agoHuh, I didn't even realize that was possible. Seems like quite a bait-and-switch to build up a community under the guise of a nonprofit, and then take it for-profit afterwards.