Comments on: Should Social Networks Be Non-Profits? http://themoderatevoice.com/47671/should-social-networks-be-non-profits/ An Internet hub with domestic and international news, analysis, original reporting, and popular features from the left, center, indies, centrists, moderates, and right Wed, 30 May 2012 20:30:34 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: LauraH http://themoderatevoice.com/47671/should-social-networks-be-non-profits/comment-page-1/#comment-218462 LauraH Tue, 29 Sep 2009 14:59:47 +0000 http://themoderatevoice.com/?p=47671#comment-218462 I think it is a noble idea... but if it is to work, then there needs be more cooperation and assistance between various sites, between startups, etc. There often isn't, unless you know people who know people who will help you. And often in those cases, the push isn't for being a non-profit but rather towards angel investing and venture capital. (Which makes running good ideas for the greater good like some social networks and wikis are capable of really challenging.) <br><br>I can't see the attitude or connections really changing. :/ I think it is a noble idea… but if it is to work, then there needs be more cooperation and assistance between various sites, between startups, etc. There often isn't, unless you know people who know people who will help you. And often in those cases, the push isn't for being a non-profit but rather towards angel investing and venture capital. (Which makes running good ideas for the greater good like some social networks and wikis are capable of really challenging.)

I can't see the attitude or connections really changing. :/

]]> By: GreenDreams http://themoderatevoice.com/47671/should-social-networks-be-non-profits/comment-page-1/#comment-217941 GreenDreams Sun, 27 Sep 2009 19:36:47 +0000 http://themoderatevoice.com/?p=47671#comment-217941 Good post Joe. I run a 26 year old nonprofit. I can't say there is a major advantage of being nonprofit, unless you qualify for grants that require it or appeal to people who value the deduction from donating to it (which can be a major incentive, admittedly). Just like a for-profit, your income has to exceed your costs (I know you know that). The overwhelming difference between for profit and non-profit is the absence of equity in the latter. You never "own" a nonprofit. The public does, more or less. You can't sell it or transfer its assets to a for-profit corporation. Good post Joe. I run a 26 year old nonprofit. I can't say there is a major advantage of being nonprofit, unless you qualify for grants that require it or appeal to people who value the deduction from donating to it (which can be a major incentive, admittedly). Just like a for-profit, your income has to exceed your costs (I know you know that). The overwhelming difference between for profit and non-profit is the absence of equity in the latter. You never “own” a nonprofit. The public does, more or less. You can't sell it or transfer its assets to a for-profit corporation.

]]> By: shannonlee http://themoderatevoice.com/47671/should-social-networks-be-non-profits/comment-page-1/#comment-217806 shannonlee Sun, 27 Sep 2009 05:15:21 +0000 http://themoderatevoice.com/?p=47671#comment-217806 As long as hardware is cheap and the open source community still exists, there will be someone somewhere willing to do the work for free...just for fun...or just because they can. Ad profits from these sites are nice, but not needed. Many people attach a paypal tip jar to their sites. "If you like what i am doing, please donate".<br><br>We don't have to worry about losing our social networking services. As long as hardware is cheap and the open source community still exists, there will be someone somewhere willing to do the work for free…just for fun…or just because they can. Ad profits from these sites are nice, but not needed. Many people attach a paypal tip jar to their sites. “If you like what i am doing, please donate”.

We don't have to worry about losing our social networking services.

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