Popular audio company Sonos recently updated its U.S. privacy policy to make a small but notable change that seemingly puts customer data at risk. As...
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.
My general rule is: “if they have data they can sell, sooner or later they will.”
There are very few corporations that have proved me wrong.
Name one please, cause I can’t think of any …
Discord.
I will probably get downvoted because Lemmy has a hate boner for Discord, but they don’t sell any user data.
Myeah… No…
Still didn’t sell any data. And they completely removed OpenAI collaboration from the platform after experimenting with it.
Steam?
Always forgetting about good-guy-Valve
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.
Dude could have exited at like infinite most profitable points by now.
Organics die tho
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.
That’s because they’re all out of business or bought up by their competitors.