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submitted 5 months ago by Aqua@lemmy.vg to c/dataisbeautiful@mander.xyz

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[–] JohnDClay@sh.itjust.works 52 points 5 months ago* (last edited 5 months 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 5 months 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 5 months ago (1 children)

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

[–] cybersin@lemm.ee 1 points 5 months 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 5 months ago

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