Peculiar it isn't just set up as a charity then. Although perhaps Larry Page jus... | Hacker News

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		julespitt on Sept 18, 2013 \| parent \| context \| favorite \| on: Google announces Calico, a new company that will f... Peculiar it isn't just set up as a charity then. Although perhaps Larry Page just wants to avoid the strange vagaries of non-profit governance, if I were to guess why.

notatoad on Sept 18, 2013 [–]

setting it up as a charity causes trouble if they want to start collecting profits down the road. non-profits don't get to become for-profit as soon as they build something profitable.

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