Even non-profits aren’t immune to hostile takeovers. OpenAI is a for-profit company controlled by a non-profit, and that hasn’t stopped them from turning into something indistinguishable from a regular for-profit company. They’ve also been making noise about abandoning the fig leaf of the non-profit.

Mozilla is another one where nominally they’re a for-profit controlled by a non-profit, but they’re now getting into shoving ads in your face just like any other company.

It is harder to turn bad when you’re a non-profit but not impossible, without something of a poison pill that makes it unacceptable to for-profit takeovers.