Re:European Parliament approves copyright reform
by tremon on Tuesday March 26, 2019 @10:11AM
(#19491972)
Yes. For-profit is a de-facto legal term, and includes every enterprise that isn't registered as a non-profit.
Re:European Parliament approves copyright reform
by everdev on Tuesday March 26, 2019 @10:09AM
(#19491953)
In the US you need to register as a non profit, have a board of directors, etc.
Even an LLC or INC that loses money is a "for profit" company. Most VC funded startups fall into this category where they lose money each year with the goal of eventually turning a profit.
if those communities are aiming for a break even at best, would those as well be considered "for profit", though?