Unlike other big tech companies, OpenAI is the for-profit subsidiary of a nonprofit overseen by the nonprofit’s board of directors. Many media outlets report that this arrangement could soon change.
Yvon Chouinard, his wife and their two adult children have given the company he founded away. From now on, its profits will fund climate and conservation work.
People may initially assume the worst when they encounter for-profit companies with social missions. What can these social ventures with good intentions do to gain people’s support?
Ello is enjoying its moment of fame – in part thanks to its use of the latest fad in corporate legal structures. The eight-month-old social network is still in beta, and has nothing like the brand recognition…