this post was submitted on 05 Jan 2025
144 points (78.8% liked)

Data is Beautiful

3661 readers
11 users here now

Be respectful

founded 2 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] JohnDClay@sh.itjust.works 53 points 1 year ago* (last edited 1 year ago) (1 children)

If it's your average investor, they'll want a return, which will make fair phone stop being ethical.

[–] FundMECFS@slrpnk.net 5 points 1 year ago (1 children)

Isn’t fair phone a for profit company? If it is, doesn’t change much.

If it is a non-profit, then that’s even better, lets get some philanthropist on it.

[–] theonlytruescotsman@sh.itjust.works 19 points 1 year ago (1 children)

For profit and for infinitely exponentially increasing profit are two different business types.

[–] cybersin@lemm.ee 2 points 1 year ago (1 children)

There are always exceptions to the rule, but the former usually turns into the latter given enough time.

[–] theonlytruescotsman@sh.itjust.works 9 points 1 year ago (1 children)

Only if outside investment is involved. You can survive as a business by just doing good business for quite a while.