--- crowd-funded eco-conscious hardware: https://www.crowdsupply.com/eoma68
On Mon, Apr 25, 2016 at 4:28 PM, Hrvoje Lasic <[email protected]> wrote: > One of the company involved in this year program also actually think to be > organized as "Benefit Corporation". They are from Italy and as I understood > in Italy this is possible (one of the very few countries) and their business > idea is strongly socially oriented. I didn't ask myself if this is legally > possible - good question. I guess that you would have to discuss it with > some legal person and as Rockstart is partially financed from Dutch lottery > (which is by definition charity) iinteresting. > However, in later stage when you actually need investment to scale it might > be more difficult to raise money (from simple reason that investor ask for > profit - this is truth). It may need some other means to raise money for > your company. well, let's think about it. you're an eco-company. you want some money, and you want to pursue ethical and/or eco priorities, do you *really* want to completely abandon all those principles, on which, basically the *entire company is based*, just to receive some money?? surely it would be better to explain to the investors that in order to achieve the goal of being profitable whilst prioritising eco-responsibility, that the investors need to accept that the ethical and eco priorities *are* the top priorities, yes? and good investors - the ones that have the environment as a priority over profit in their minds, will go "hmm, you're right. actually, i've been looking for people just like you - here's a billion dollars". > Between priority 1 and 3 there is little difference. it's a huge difference, that's only really noticeable when the financial pressure is on (such as shareholder fights that result in EGMs looking for good reasons to fire - or impeach - the Directors). a standard company that has an "Eco" policy or, as best illustrated in Professor Yunus' book "Creating a World Without Poverty", has a "Corporate Social Responsibility" policy, such policies are actually "Corporate Financial *IRR*esponsibility". remember, Directors are *legally* required to pathologically enact the Articles of Incorporation. if you have not done so - for example by pursuing an "ethical business model" instead of "profit maximisation as clearly stated in the Articles of Incorporation", you can be prosecuted, receive a criminal record, and be struck off from ever being a Director. it's a huge difference that is only really noticeable if you investigate it in depth. l. _______________________________________________ arm-netbook mailing list [email protected] http://lists.phcomp.co.uk/mailman/listinfo/arm-netbook Send large attachments to [email protected]
