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Twitter co-founder Biz Stone joins board of Mastodon's new US nonprofit | TechCrunch (techcrunch.com)

submitted 6 months ago by [email protected] to c/[email protected]

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[–] [email protected] 9 points 6 months ago (1 children)

That's an abuse of non-profits for financial engineering. They're intended to work exactly like companies, except without a monetary profit for shareholders.

Source: Got plenty of blank stares when I tried to set up a non-profit, "you're not yet big enough to think about tax evasion", they'd keep telling me 😒

[–] [email protected] 4 points 6 months ago

Them's who has the gold, makes the rules.