michael_nielsen

Germany is one of the few European countries with much more permissive legislation for foundations and how much profit they can carry over..

Ha, I didn't know! (I once wrote a screenplay that was nominated for an award by them and they invited us all over and seemed like v nice people.)

The Guardian uses a similar model. A not-for-profit parent company (The Scott Trust) runs a bunch of profit-seeking companies, whose primary purpose is to ensure the editorial independence of The Guardian newspaper (which on its own, tends to run a loss).

Same for Krupp afaik. Difference to "Open"AI is that these were for-profit first, then became owned by a non-profit. Similar outcome but not as deceptive about motives.

i came across this last year and was also impressed. the for-profit Bosch has tended to be very successful, in part by ensuring regular dividends accrue to the shareholders. their blue chip policies starkly contrast with companies hell-bent on elevating their stock prices.