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Re:What Wikipedia Did by eterm on Sunday May 14, 2023 @04:27AM (#35936347)
Stack Overflow isn't a non-profit though?
Re:What Wikipedia Did by geysersam on Sunday May 14, 2023 @04:36AM (#35936387)
Yes you're right. But I think the point still stands. There are other examples.
Re:What Wikipedia Did by eterm on Sunday May 14, 2023 @05:04AM (#35936526)
If your point is that capitalism can't deliver something like Stack Overflow then I'm not sure the point does still stand, because clearly it could.
Re:What Wikipedia Did by geysersam on Sunday May 14, 2023 @05:19AM (#35936596)
The point is rather that a notable chunk of the the worlds most valuable websites are nonprofits. Despite them receiving considerably less investment than their for profit / venture capital counterparts.
Re:What Wikipedia Did by ThunderSizzle on Sunday May 14, 2023 @10:40AM (#35938363)
Although non-profit doesn't mean charity. Non-profits simply mean they're income needs to be balanced with their expenses, such as through wasteful (or polarizing) spending in the example of Mozilla.
Re:What Wikipedia Did by asadotzler on Sunday May 14, 2023 @03:31PM (#35940692)
That is not what non-profit means. It means that the IRS does not tax you. There are many different kinds of non-profits and none of them are required to balance income and expenses -- many save far more than they spend and some spend more than they save, they're simply not pulling profits out for investors.
Re:What Wikipedia Did by nhumrich on Monday May 15, 2023 @12:03AM (#35943766)
Thats also not what non profit means. There are many kinds of non-profits and some of them aren't exempt. There is a no tax incentive to non profits that qualify (501c), but the definition is, quite literally, that they can't turn a profit. In other words, excess cash cannot be divied out among its owners.