this post was submitted on 20 Mar 2025
251 points (100.0% liked)
Technology
67242 readers
5683 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Also it's a private company, an Ltd. At least the Matrix Foundation (which already has a viable financial future) is a Community Interest Company (non-profit) and has never had any shares for relevant control. Seems like first thing Revolt did was divvy up shares.
Matrix Foundation founding document as Limited Company, and then updated resolutions describing itself as a Community Interest Company Non-profit.