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[–] 5 points 2 years ago (1 child)

Founder led business, it won't last 2 ceos after Gabe exits.

This just the corp culture in the US. Parasites swarm companies to destroy them for profit.

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  • [–] 1 point 2 years ago (1 child)

    Dude could have exited at like infinite most profitable points by now.

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  • [–] 5 points 2 years ago (1 child)
  • [–] 1 point 2 years ago

    Exactly. It is getting more common to set up non-profit foundations in such situations. Disclosure: There’s a lot of legal stuff I don’t understand but I think the idea is that by having a non-profit entity that is focused on the “mission” and not profits, they will be more able to make the good long-term, decisions a founder might make instead of whatever makes investors the most money.

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