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A comment on Embrace the desire to make money. Parent comment

Re:Embrace the desire to make money by drrotmos on Wednesday July 24, 2013 @09:02AM (#6095902)
To you, yes, but to the law and perhaps more importantly – to the relevant tax agency, a business is meant for turning a profit.

If the founders aren't interested in turning a profit, a charity will serve them better.

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Re:Embrace the desire to make money by samscully on Wednesday July 24, 2013 @10:17AM (#6096290)
IANAL, but as far as I understand a company director only has a 'duty to promote the success of the company' in the UK [1]. I think it is similar in the US. 'Success of the company' doesn't strictly have to mean making a profit, if the shareholders don't want it to.

[1] http://www.taxresearch.org.uk/Blog/2013/01/07/companies-do-n...

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Re:Embrace the desire to make money by sillysaurus on Wednesday July 24, 2013 @09:14AM (#6095958)
SpaceX's goal is to get to mars, not to turn a profit. And that's just one counterexample of hundreds.
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