this post was submitted on 25 Dec 2025
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[–] 73ms@sopuli.xyz 1 points 14 hours ago (1 children)

yeah I'm aware... doesn't really refute anything I said. If he holds a share then he can do what any investor can do and how much he can do depends on how big his share of the company is.

[–] Natanael@infosec.pub 3 points 14 hours ago (1 children)

No, public benefit corporations specifically don't work like that. They're comparable to non profits in that manner

[–] 73ms@sopuli.xyz 2 points 13 hours ago (1 children)

They're not. In practice PBC status doesn't really limit them very much at all and is nothing like nonprofit.

[–] Natanael@infosec.pub 2 points 9 hours ago

That really depends on the state and company bylaws. It's not just a label.

https://bsky.social/about/faq

The existing team (which jack isn't on) owns it, and nobody from Twitter has influence over it