DeVliegendeHollander comments on Can You Give Support or Feedback for My Program to Alleviate Poverty? - Less Wrong

10 Post author: Brendon_Wong 25 June 2015 11:18PM

You are viewing a comment permalink. View the original post to see all comments and the full post content.

Comments (39)

You are viewing a single comment's thread. Show more comments above.

Comment author: [deleted] 29 June 2015 09:10:56AM 0 points [-]

Charitability and profitability are not opposites. Perhaps you interpret for-profit as "grab as much as you can" but it does not necessarily have to be so. You can keep 51% ownership to yourself and take 0 pay as a compensation for your work and reinvest all the profits into the organization, making it effectively non-profit, while the 49% shareholders will make their gains through share prices going up if the organization is expanding based on the hope that at some future day you will pay them dividends.