zlacker

[parent] [thread] 4 comments
1. sho_hn+(OP)[view] [source] 2023-11-18 03:57:20
And Bosch, more or less:

> Robert Bosch GmbH, including its wholly owned subsidiaries, is unusual in that it is an extremely large, privately owned corporation that is almost entirely (92%) owned by a charitable foundation. Thus, while most of the profits are invested back into the corporation to build for the future and sustain growth, nearly all of the profits distributed to shareholders are devoted to humanitarian causes.

> [...] Bosch invests 9% of its revenue on research and development, nearly double the industry average of 4.7%.

(Source: Wikipedia)

I always considered this a wonderful idea for a tech giant.

replies(2): >>gumby+H >>falser+JU
2. gumby+H[view] [source] 2023-11-18 04:02:21
>>sho_hn+(OP)
And IKEA
replies(1): >>CydeWe+v4
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3. CydeWe+v4[view] [source] [discussion] 2023-11-18 04:32:31
>>gumby+H
Rolex too, believe it or not.
replies(1): >>jliptz+0K
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4. jliptz+0K[view] [source] [discussion] 2023-11-18 10:26:02
>>CydeWe+v4
And OpenAI
5. falser+JU[view] [source] 2023-11-18 11:52:26
>>sho_hn+(OP)
Note: this structure is for tax purposes. In the spirit of “Own nothing, control everything”.
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