4 ms·
Isn't that literally Bluesky? A PBC must act in the public interest.
by direwolf20 10mo ago
Isn't that literally Bluesky? A PBC must act in the public interest.
- nightpool 10mo agoNot exactly—a PBC is allowed to "balance" shareholder profit with "stakeholder interests. But at the end of the day, the money is still coming from the shareholders, and they're still looking for a return. They're required to be transparent, but that's about it. And there aren't really any penalties for not complying either.