zlacker

>>modele+(OP)
Allowing startups to begin as non-profits for tax benefits, only to 'flip' into profit-seeking ventures is a moral hazard, IMO. It risks damaging public trust in the non-profit sector as a whole. This lawsuit is important

>>therei+4H
The public has no idea what non-profits are and a lot of things that people call 'profit seeking ventures' (ie. selling products) are done by many non-profits.

>>whimsi+qU
Most frequently "The CEO gets paid $X! Doesn't sound like a non-profit to me!"

I hear this all the time. As if the people working there shouldn't be paid.

>>bongod+o01
and part of the reason we hear this all the time is because non-profits are required to report exec compensation but private cos are not required to report the absolutely ridiculous amounts their owner-CEOs are making