• TopCoffee
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    6 months ago

    Exactly. It is getting more common to set up non-profit foundations in such situations. Disclosure: There’s a lot of legal stuff I don’t understand but I think the idea is that by having a non-profit entity that is focused on the “mission” and not profits, they will be more able to make the good long-term, decisions a founder might make instead of whatever makes investors the most money.