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by mojomark
736 days ago
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100%. After seeing this comment, I'm shocked to learn that even in the US, apparently non-profits can issue stock (in a small subset of states anyway). What the hell is the point of owning a stock if not for profit? Just issue a donation if you want to contribute moreney to a charity. Seems very disingenuous. |
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Same goes for regular companies as well, the stock holders can tell the company what they want done, it doesn't have to be profit (though it pretty much always is), it can be saving the environment, going to explore space, etc.