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I don't think corporation implies for-profit. In my eyes, corporation refers to a large organization with some self-serving motivation which is not necessarily
by xmprt 9mo ago
I don't think corporation implies for-profit. In my eyes, corporation refers to a large organization with some self-serving motivation which is not necessarily just money. Being a non-profit just so happens to be the best vehicle for this motivation but it doesn't mean that the motivation doesn't exist.
- GuinansEyebrows 9mo agoat least in america, in common discussion outside of legal/highly wonky circles, referring to an organization as a corporation almost always implies a for-profit corporation, with (literally) vanishingly few examples of the contrary in popular knowledge (RIP CPB, may you return someday).
- xmprt 9mo agoWould you consider OpenAI a corporation despite it being a non-profit?
- GuinansEyebrows 9mo agothe for-profit pbc arm, yes, absolutely.