this post was submitted on 25 Feb 2025
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Non-profits only IMO. Pay folks what they deserve, all the rest goes back in.
Investors can’t go near it. They’re always the problem.
You could do a for profit without investors. Any profit goes back to employees and paying users. Make it the operating agreement from the get go and no one could come in.
Non profit in many places means you can’t sell a service. So you rely on donations. Which means you’re constantly asking for donations.
Leadership changes. Employees change.
Look at valve: when Gabe dies it could become an absolute shitshow for us. We cannot depend on generosity and benevolence. It has to be a non-profit to limit the potential damage and force transparency.
Yeah but Valve is centralized ownership still. One guy has majority and that makes a difference. A coop could be customer led from get go. 51% customers 49% employees or something like that.
The point being if you structure it as for profit you can charge for things and build a good product. You can make rules that says 100% of the profits have to be redistributed and no one can change that. It’s how many farm co-ops work.