@noondlyt@mastodon.social @fediversenews@venera.social Corporations come in many forms. Currently, the one you use is run through a non-profit corporation. Others like cosocial.ca and social.coop run as co-operative corporations. And yet others like twit.social and me.dm run as for-profit corporations.
The reason I avoid servers run by private individuals has nothing to do with profit and more to do with legal liability and financial sustainability. Put simply, I don't want my admin to wreck their life due to some asshole who does something untoward or even illegal. I also want to ensure that the funds I spend are well-managed.
I speak from experience. Last year, I spent over $2,000 on various Fediverse services, keeping certain servers afloat.
noondlyt@mastodon.social 7 months ago
@atomicpoet @fediversenews Non-profit or not for profit being key. I have the utmost respect for anyone that endeavors to run their own instance(s). It is a full time job in many cases and not easy. The less glamorous side of federation. No one should run themselves into the ground mentally or financially.