I know there’s other plausible reasons, but thought I’d use this juicy title.
What does everyone think? As someone who works outside of tech I’m curious to hear the collective thoughts of the tech minds on Lemmy.
I know there’s other plausible reasons, but thought I’d use this juicy title.
What does everyone think? As someone who works outside of tech I’m curious to hear the collective thoughts of the tech minds on Lemmy.
This was my gut reaction. He did something or hid something that opened the company up to liability and this was the fastest way to mitigate the damage. I assume the bombshell hasn’t dropped yet.
FYI this was the board of the nonprofit, not the capped-profit subsidiary. One of the members is some sort of activist, even, so it wasn’t necessarily about money in any way.
it could still be about money. Non-profits can still get sued to oblivion
Not for failing to provide a profit, obviously. I guess if it’s embezzlement they would have a duty to act, but otherwise a nonprofit can shovel money into a literal furnace as long as it advances their mission (IANAL).