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SeattleAltruist

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SeattleAltruist
·2 ปีที่แล้ว·discuss
Here is a very practical, well-reviewed book for founders to get their first sale and then keep going:

https://www.amazon.com/STARTUP-SALES-FIELD-NOTES-Methodology...
SeattleAltruist
·2 ปีที่แล้ว·discuss
@kristjankaim is correct - this sure isn't Nabokov. Example: "Immortality of Dostoevsky’s art is unquestionable; his art will likely continue to live on."

Wait... which is it?
SeattleAltruist
·2 ปีที่แล้ว·discuss
Didn't read. Reading white text on black background is like staring into an oncoming car's high beams. Good grief this is bad formatting and people keep doing it.
SeattleAltruist
·2 ปีที่แล้ว·discuss
Post makes errors around what nonprofits are and can do. (IANAL, but I do set up and run nonprofits for a living.)

Error 1: "In the US, non-profits are heavily regulated in their operations..."

Correction: There are no more or less regulations than other sectors, but there is almost ZERO enforcement, so if anything, the nonprofit sector is more accurately described as very lightly regulated.

Error 2: ", and exempt from income tax."

Correction: Nonprofits are NOT exempt from income tax on revenue from earned activity that is not mission related, known as Unrelated Business Income.

Error 3: "Across the many different structures, though, non-profits have one thing in common: They don't have owners."

Correction: Oversimplification - nonprofits are run and functionally owned by a board of directors, people who hire and fire the CEO, decide how revenue is allocated, and approve any merger or dissolution. Nonprofits can also own for-profit subsidiaries (see OpenAI) so there are a lot of gray areas here.

In sum, nonprofit status is far more complex that OP thinks and there are a ton of opportunities for skulduggery - just because Ghost is a nonprofit does NOT mean it is free of conflicts or other bad things than companies do.

If Ghost really wants to demonstrate its transparency, it should publish its tax returns (IRS form 990) and also an itemized P&L -- then they can stake a claim to being holier than the typical business.

People often think that "non-profit" means that the company can't make a profit. It actually means that the company doesn't have any owners who can personally take the profits. Any revenue earned can only be reinvested.
SeattleAltruist
·2 ปีที่แล้ว·discuss
spot on. furthermore, weak analysis.

best article on the subject is prolly https://hbr.org/2018/04/your-strategic-plans-probably-arent-...
SeattleAltruist
·2 ปีที่แล้ว·discuss
That's helpful. On first look through the website, I found no mention of the tragic human and environmental cost.
SeattleAltruist
·2 ปีที่แล้ว·discuss
Glad to see many comments recognize what a bad thing this is. The photographer is sadly insouciant of how many poor people it kills and the terrible ecosystem damage it creates. Read more about it at https://shipbreakingplatform.org/
SeattleAltruist
·2 ปีที่แล้ว·discuss
TL/DR: Don't try to go big, even if you believe in your idea, because its hard. Instead, cough up $375 for templated business platitudes and chat rooms with randos.
SeattleAltruist
·2 ปีที่แล้ว·discuss
TL/DR: Don't bother trying to go big, even if you believe in your idea, because difficulty. Instead, pay me $375 for performatted business platitudes and chat with a bunch of randos.