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by hotstickyballs 1205 days ago
TIL Amazon was basically a non profit
1 comments

No, Amazon has shareholders, nonprofits do not.
The use of the word “basically” means that the previous commenter is saying that Amazon operated like a non-profit because it re-invested the vast majority of its profits.
Understand and disagree, since there’s a fundamental difference between Amazon and a nonprofit — both in their intended missions and the literal outcomes.