Hacker News new | ask | show | jobs
by Nextgrid 1630 days ago
At least one MLM-based pyramid scheme is a "B Corp". That tells you everything you need to know about "B Corps".
2 comments

at least one x is a "y" for pretty much any y you choose. that doesn't tell you much about "ys" at all.
When the entire point of the scheme is to distinguish companies that have a positive impact on society, there should not be room for "at least one" company that scams financially-illiterate people & encourages them to swindle their friends.

B Corps are bullshit and should not be seen as a sign of quality.

then don't go to that company?
No my point is that the whole concept of "B Corp" is bullshit if a scam company that exploits financially-illiterate people at scale can be classified as a "B Corp".
OK, then one would just tell B Corp to remove them the list no? I don't see how this invalidates all companies on that list.

What company is this anyway?

Arbonne (https://www.arbonne.com) is one example and they proudly claim to be a B-Corp on their website right under the offer to join the pyramid scheme as an "independent consultant".

> then one would just tell B Corp to remove them the list no

This is not something that flew under the radar and can trivially be removed - the aforementioned company's business model is well known for example and despite that they became and are still a B-Corp.

My point is that B-Corp is happy to accept companies whose business model preys on and profits off vulnerable, financially-illiterate people, directly contradicting their claim of certifying companies which have a "positive impact on society, workers, the community and the environment" (from Wikipedia, emphasis mine).

There is a procedure for this:

https://bimpactassessment.net/complaints-procedure

It seems you can get them removed and it does look like you are complaining about a company that shouldn't be a B Corp, so you could take your complaint there.

Not sure if that means that all B Corps or B Corps are bad in general.