Re:Sam Bankman-Fried Has a Savior Complex (September 2022)
by jt2190 on Thursday November 10, 2022 @01:47PM
(#33551207)
Having a company that is a hybrid of a designer/manufacturer and a charity makes for a confusing corporate mission. Better to let the company focus operating profitably and let the charity focus on evaluating grant applications and funding projects.
The trust is there to oversee the company (as its major shareholder) and to make sure that it is held accountable. They in in turn fund the charity and hold them accountable as well.
The trust is there to oversee the company (as its major shareholder) and to make sure that it is held accountable. They in in turn fund the charity and hold them accountable as well.