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why doesn't everyone do this? take all that sweet investor money without having to give anything then have a for profit subsidiary....



Because most corporate investments aren't managed by complete morons.

This works when there's an obvious non-profit that has a monetizable product. The latter conflicts with the former, so it requires a disconnect. Meanwhile, if Apple tried to do the same, investors would look at that as obviously shady. In addition, non-profits are more heavily restricted by the government.

Lastly, you can't just "take the money" and "do what you want"; fraud, malfeasance, fiduciary responsibility (in the corporate entity), etc still exist. It's not some magic get out of jail free card.




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