this post was submitted on 15 Dec 2023
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[–] QuazarOmega@lemy.lol 44 points 9 months ago (2 children)

Pretty much, I wouldn't make such a blanket statement though, non-profit companies exist too

[–] Dirk_Darkly@sh.itjust.works 24 points 9 months ago (1 children)

And unfortunately many of those still operate as for-profit companies and extract wealth via administrative fees and executive salaries.

[–] lemmesay@discuss.tchncs.de 4 points 9 months ago

case in point: Mitchell Baker, CEO of Mozilla corporation(the for profit arm of Mozilla organisation) got 7 million dollars of salary in 2022

[–] people_are_cute@lemmy.sdf.org 1 points 9 months ago

Nonprofits are not "companies", and no non-profit exists to make entertainment for you.