this post was submitted on 05 Jan 2025
137 points (78.7% liked)
Data is Beautiful
852 readers
12 users here now
Be respectful
founded 6 months ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
Can some investor pour 100 million or something into fairphone so the phones actually become good?
If it's your average investor, they'll want a return, which will make fair phone stop being ethical.
Isn’t fair phone a for profit company? If it is, doesn’t change much.
If it is a non-profit, then that’s even better, lets get some philanthropist on it.
For profit and for infinitely exponentially increasing profit are two different business types.
There are always exceptions to the rule, but the former usually turns into the latter given enough time.
Only if outside investment is involved. You can survive as a business by just doing good business for quite a while.
See: Valve