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Reddit's cofounder said that at first the company felt like 'a homework assignment that got out of hand' rather than a business (ca.movies.yahoo.com)

submitted 10 months ago by [email protected] to c/[email protected]

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Reddit's cofounder said that at first the company felt like 'a homework assignment that got out of hand' rather than a business::Reddit's cofounder Steve Huffman said in its early days he filled up most of the site with content using different accounts until it got more users.

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[–] [email protected] 2 points 10 months ago

That’s what I’m saying - there’s absolutely nothing about nonprofit status that demands a company not act like a total asshole. Have a look at all the really bad ones like the Komen Foundation or Red Cross if you want an example.

Best bet, barring adding more legal mechanisms to the law, is a private for-profit with careful leadership. Yeah, it can change, but companies that put values first can and often do confer those same values to future leadership. Versus, of course, publicly traded companies where rampant growth at all costs is the only legal requirement.