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1039

Boycott USA Flyer (lemmy.ca)

submitted 1 month ago by [email protected] to c/[email protected]

269 comments fedilink hide all child comments

By gekko513

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[–] [email protected] 54 points 1 month ago (1 children)

This is misinformation. BlueSky is not a non profit. It is a public benefit company. The shareholders still expect profit.

[–] [email protected] 3 points 1 month ago (1 children)

The shareholders expect growth and therefore increase in the value of their investment, public benefit companies are however under no obligation to their shareholders to pass on profits to shareholders in the form of dividends. It's definitely not a non-profit either though, it's a different structure.

[–] [email protected] 2 points 1 month ago* (last edited 1 month ago)

Plenty of "regular" for profit companies focus on increasing share value by investing profits back into the company instead of paying out dividends. That doesn't really mean anything.

Edit: I see what you mean based on what I said. They expect a return on investment is a better way to phrase it.