Crowdfunding platform and dream machine Kickstarter are now a public-benefit corporation. Basically, they’re still a for-profit company but now a positive impact on society is part of Kickstarter’s legally defined goals too.
The announcement’s interesting because often large companies are beholden to shareholders and required to maximise shareholder value – i.e. make money. Obviously, this is not always compatible with, y’know, benefitting people who aren’t shareholders. So becoming a public benefit corporation looks to be a good thing, but will it particularly affect your experience of Kickstarter?