Ancestors

Written by Ars Technica on 2025-01-13 at 20:21

Mastodon becomes nonprofit to make sure it’s never ruined by billionaire CEO

Mastodon shifts to nonprofit ownership, calls for $5M in donations to expand.

https://arstechnica.com/tech-policy/2025/01/mastodon-becomes-nonprofit-to-make-sure-its-never-ruined-by-billionaire-ceo/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social

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Written by jums on 2025-01-13 at 20:40

@arstechnica "becomes" ? Was it ever a for-profit ? 🤔

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Toot

Written by elCelio 🇪🇺 🇺🇦 on 2025-01-13 at 21:03

@jums @arstechnica

No. It was a non-for-profit, but the German tax authorities revoked the non-for-profit status.

They are creating a new company also to comply with German law.

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Descendants

Written by jums on 2025-01-14 at 14:36

@elCelio @arstechnica right so it did not "become" anything new, it always have been

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