this post was submitted on 02 May 2025
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Mastodon has taken the strategic decision not to accept venture capital investments for growth, but rather restructure to a European non-profit organization (blog.joinmastodon.org)
submitted 2 days ago by cm0002@lemmy.world to c/mastodon@lemmy.world
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[โ€“] oliver@lemmy.skumring.com 35 points 1 day ago (1 children)

A great move made with reason. Not that common these days!

[โ€“] gencha@lemm.ee 1 points 22 hours ago

The common thing to do is start non-profit, then spawn for-profit subsidiaries