Non-profits, just like for-profits, need to keep revenue at or above expenditures. Just like for-profits they end up run by executives who prioritize bringing money in to sustain the bureaucracy over doing good.
Comment on Their Bionic Eyes Are Now Obsolete and Unsupported
CosmicCleric@lemmy.world 1 year agoThey exist to make money not help humanity.
From the article…
Greenberg spent many years developing the technology while working at the Alfred Mann Foundation, a nonprofit organization that develops biomedical devices
eksb@programming.dev 1 year ago
CosmicCleric@lemmy.world 1 year ago
Just like for-profits they end up run by executives who prioritize bringing money in to sustain the bureaucracy over doing good.
I’m going to push back against this. You are making an assumption. You can do both, help Humanity and make money (since we live in a society that requires money to exist).
guacupado@lemmy.world 1 year ago
Feel free to enlighten them on how to run a beneficial company with no income.
PersnickityPenguin@lemm.ee 1 year ago
Government grants… A là Lockmart.
HawlSera@lemm.ee 1 year ago
He should have made it open sauce
Bahalex@lemmy.world 1 year ago
“he spun off the company Second Sight with three cofounders in 1998”
The rest of the sentence from your quote. The company that put these implants into people was, from what I understand, indeed for profit.
CosmicCleric@lemmy.world 1 year ago
Kind of hard to operate a company without also making money doing so. The two are not mutually exclusive to each other.