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Comment by Grimm1

So given the fiduciary responsibility to maximize shareholder value that is hard right now, but the existence of

Edit: The above is apparently more cultural than legal but I still like the below option.

https://en.wikipedia.org/wiki/Benefit_corporation

Give's me hope as a mode to found a company, the gist is:

"that includes positive impact on society, workers, the community and the environment in addition to profit as its legally defined goals"

My understanding is that in the context of the current startup climate is that it is harder but not impossible to raise money under that type of corp though I haven't seen it myself yet.

parent Grimm1 6 years ago

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