zlacker

>>waxpan+(OP)
Even the supposedly indie anti-social social media outright violated their own manifesto. Is it any surprise that we're skeptical of the big promises of a bright future that corporations make all the time?

I'm curious to know if anyone has evidence of a post similar to this but for a company with a (so far) happy ending.

>>cole-k+fI
I'm interested about the public benefit corporation part here. Did the PBC status wind up changing anything at all here? How does a PBC sell itself or get acquired? How is a PBC supposed to terminate or wind down? If they violate their charter as Ello may have, who exactly enforces it or file a lawsuit, and what is their compensation?

>>gwern+YM
I suppose if the PBC was in debt then it could sell its assets, such as the Ello site, to pay its creditors and then dissolve.