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by pbronez 445 days ago
Kagi is already for profit, they just haven’t raised a huge amount of money:

> Kagi can afford this because they go further than being bootstrapped and profitable: As a Public Benefit Corporation, not beholden to maximizing shareholder value.

1 comments

What is the actual difference?

As far as I can see it explicitly allows management to consider public benefit, which is something they can do anyway (certainly if the shareholders allow it).