this post was submitted on 15 Feb 2024
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[–] [email protected] 3 points 7 months ago* (last edited 7 months ago)

They're talking about making it a nonprofit, I'm sure. People working for nonprofits can have good salaries so its not like they're not good to work for, and any profit can be reinvested into the company or donated to other nonprofits. But you can't sell the company to a for-profit (I don't think), and the ownsers can't take all of the profit for themselves.