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submitted 1 month ago by cm0002@lemmy.world to c/technology@lemmy.world

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[-] Ajen@sh.itjust.works 6 points 1 month ago

No, those were the terms when the company was "for profit." Now that they're "nonprofit" the investors can make unlimited profit.

The billions of dollars the company raised in its last two funding rounds were contingent on successfully removing this limit on investor returns.

this post was submitted on 06 May 2025

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