The sad thing is, even non-profits are not guaranteed to stay that way indefinit... | Hacker News

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listic on Sept 30, 2012 | parent | context | favorite | on: Lessons From The Dramatic Slow-Motion Death Of Wik...

The sad thing is, even non-profits are not guaranteed to stay that way indefinitely.

See how CouchSurfing turned into B-Corporation after being denied their 501(c)(3) charity status: http://en.wikipedia.org/wiki/CouchSurfing#2011_incorporation

They were a non-profit, for the first 8 years.

_delirium on Sept 30, 2012 [–]

Huh, I didn't even realize that was possible. Seems like quite a bait-and-switch to build up a community under the guise of a nonprofit, and then take it for-profit afterwards.

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