• 3 Posts
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Joined 1 year ago
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Cake day: May 2nd, 2024

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  • Thank you. This sent me on a rabbit hole of differences between LLC and Corporations. LLC being a pass through protects the owners a little bit but passes through all the tax and some of the liability (hence Limited Liability). I remember reading something about how banks got significantly more risky with investments and predatorily with their practices when they started moving from partnerships to corporate structures.

    Maybe we should get rid of corporations and force all companies into a partnership or LLC structure. Less to hide behind.


  • I used to not vote because all politicians are evil. Someone pointed out that if everyone picks the lesser of two evils then things are going to get less evil. I’ve voted every opportunity since.

    Corporations are just legal structure organizing people together to do something. The soup kitchen, local artisan, person cutting hair out of their house, they all set up an LLC to operate under. They didn’t instantly become evil.

    But if I need to buy a blender, plywood, or underwear (my shopping list this weekend), I’m going to have to buy it from a corporation. If I could buy it from a less evil corp then hopefully I make things less evil.


















  • Think beyond VC backed companies. Those get tons of attention because they need it.

    Investors = bad. I whole heartedly agree.

    For profit doesn’t have to be bad. What if it were a worker/user co-op. Have a free product and have a paid product. If you pay for the product you get a (just one) vote. If you work for the company you get a vote. Users won’t vote for maximizing profit. But the profit means you don’t have to beg for donations.

    Craigslist would be another example. For profit but no major investors so doesn’t have to prioritize profits.