zlacker

>>modele+(OP)
There is a lot in here but turning a non-profit into a for-profit definitely should be challenged. Otherwise why wouldn't everyone start as a non-profit, develop your IP, and then switch to 'for-profit' mode once you got something that works? You don't pay income taxes and your investors get write offs.

>>silico+z11
The replies that say "well the profits go to the non-profit, all's good" miss the reality of these high profit nonprofits: the profits invariably end up in the pockets of management. Most of those are essentially scams, but it doesn't mean that OpenAI isn't just a more subtle scam.

The hype and the credulity of the general public play right into this scam. People will more or less believe anything Sam the Money Gushing Messiah says because the neat demos keep flowing. The question is what's we've lost in all this, which no-one really thinks about.

>>dkjaud+K51
"Why is the NFL a non-profit:

https://www.publicsource.org/why-is-the-nfl-a-nonprofit/

The total revenue of the NFL has been steadily increasing over the years, with a significant drop in 2020 due to the impact of the COVID-19 pandemic12. Here are some figures:

    2001: $4 billion

    2010: $8.35 billion

    2019: $15 billion

    2020: $12.2 billion

    2021: $17.19 billion

    2022: $18 billion

>>samsta+Q61
https://www.cbssports.com/nfl/news/nfl-ends-tax-exempt-statu...

Every dollar of income generated through television rights fees, licensing agreements, sponsorships, ticket sales, and other means is earned by the 32 clubs and is taxable there. This will remain the case even when the league office and Management Council file returns as taxable entities, and the change in filing status will make no material difference to our business.

>>sfmz+o81
Gee... I wonder if that had anything to do with the internet and so many people becoming aware of their Mega Church Model due to the Information SuperHighway?