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How far do we go down this road? What else should we be donating for businesses to do? Should we be donating their electricity costs, healthcare costs, should w
by vertex-four 12y ago
How far do we go down this road? What else should we be donating for businesses to do? Should we be donating their electricity costs, healthcare costs, should we be donating our time as volunteers for them to run?
If investors want to join together to create such an organisation, let them, but (1) it really shouldn't be a non-profit (its entire purpose is to act as a legal arm for for-profit business), and (2) asking for donations from the public to keep it running is utterly ridiculous.
- AnthonyMouse 12y ago> Should we be donating their electricity costs, healthcare costs, should we be donating our time as volunteers for them to run? Is there some point you were expecting a line to be crossed? "For profit" is an arbitrary designation created by the tax code. Should we not support researchers trying to cure cancer or generate clean energy because they anticipate turning a profit if they succeed?
- vertex-four 12y agoIf they anticipate turning a profit, why should I donate to them instead of investing in them or Kickstarting them? Why would I give them money to get... absolutely nothing out of it, but to make them richer?
- AnthonyMouse 12y agoFor the same reasons that you might donate time or money to anything. Why should you tutor some disadvantaged kid for free without having an agreement that you get a percentage of future earnings? Why pay taxes or vote for the continued existence of taxes? Because donors turning a profit isn't the point. Most startups fail. Getting a percentage of something which is probably going to turn out worthless is less important than shifting the ecosystem away from one in which promising startups are destroyed by trolls.