Hacker Newsnew | comments | show | ask | jobs | submitlogin

You also forgot one thing - non-profits also do not have the contractual obligation to have profits or growth, like public companies do. Big difference.

Of course, non-profits are not created equal. There's IKEA and then there's Mozilla or EFF.




Ah, yes of course. That would actually be the biggest difference (and I completely forgot it). In my example, there are no shareholders so the obligation to maximise value for them doesn't exist.

The IKEA example is interesting as I think the aim of the convoluted legal structures (inc a non-profit somewhere) was to allow one person to have almost total control over the company.

Edit: For anyone interested in the IKEA web of companies, you read the following article: http://www.economist.com/node/6919139?story_id=6919139

-----




Applications are open for YC Summer 2015

Guidelines | FAQ | Support | Lists | Bookmarklet | DMCA | Y Combinator | Apply | Contact

Search: