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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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[–] Anomalocaris@lemm.ee 2 points 1 day ago

"profit" is such an inherently wrong concept.

if something costs X to make (including wages), why shouldn't it be sold at X price, rather than taking advantage of scarcity (mostly manufactured) to make more?

all profit are based on Underpaying, decrease in quality, artificial scarcity...