Charles Elson
👤 SpeakerAppearances Over Time
Podcast Appearances
And it's argued that from a governance standpoint, it probably should move into for-profit status as it creates greater accountability.
But, you know, this is sort of uncharted waters.
Rarely do you have nonprofits in these kinds of ventures.
Fair for the good of society.
This one obviously had a significant profit potential, which is, I guess, going to be realized or they hope they'll realize it.
And he's created his own vehicle, which is not a nonprofit, by the way, and effectively is in the same space.
So one really has to wonder what is really going on here.
Sure, sure it will.
The timing is something.
Again, that was the story of Henry Ford.
Why did you decide to do this now?
Well, it turned out a different reason for it.
And certainly a jury can consider that.
Is this a meritorious suit?
In the sense that, does he really want it, is he doing this to benefit the public, which the nonprofit supposedly does?
Or it ultimately is about benefiting he and his own investors.
And that's something that I'm sure that they will consider.
What's the motive here?
What's the solution to this thing?
If it ends up, in the end, he's complaining about the non-profit status of becoming a for-profit.