Going by our registration applications, a lot of people are learning about the fediverse for the first time and they're excited about the idea. I've really enjoyed reading through them :)

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[–] Evkob@lemmy.ca 46 points 2 years ago (1 child)

"Public benefit corporation" is such an oxymoron, I know it's cliché to say this but it reads like something out of 1984.

If your goal is truly to benefit the public, why wouldn't you start a non-profit? It's because they want profits, which will always be at odds with the interests of the public.

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[–] Revan343@lemmy.ca 18 points 2 years ago*

If your goal is truly to benefit the public, why wouldn't you start a non-profit?

Because your non-profit isn't likely to go anywhere; Capitalists don't give significant money to non-profits, but they'll invest in a public benefit corporation because of the potential for profit. The corporation can then take their money and use it for whatever public benefit it intends to work towards. It's a workaround to try and scrape some benefit to society out of capital, that otherwise wouldn't exist.

Whether Bluesky is actually a good example of a public benefit corporation or not, I have no idea, I don't use it.

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