Every time I read up on B Corps my heart grows a little happier. en.wikipedia.org/wiki/Benefit_c
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Whoa, way cool! I had no idea this existed.
and… I searched for “b corp silicon valley startup” and found nothing. :/
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It’s an incredible idea. I’ll make sure to mention it to people more often.
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I’ve been increasingly convinced that I’ll only be really happy long-term within a non-profit, but maybe this is a good compromise.
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was thinking a bit about whether there'd be advantages to Understudy being non-profit. I assumed it'd just tie our hands…
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In what sense? It’d improve tax situations for you, too, and would be useful social signaling for customers.
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(I say with essentially zero knowledge of the accounting logistics of running a business. ;) )
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I don't really know enough. But certainly it limits sources if you _do_ need funding, and complicates your own taxes.
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anyway, I have a tax lawyer friend who I should ask.
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and re: signaling… to potential employees yes, but are people even aware that Khan is non-profit and Coursera isn't?
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Good point. Perhaps not. It’ll be clearer when Coursera’s investors force them to build a revenue stream…
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