this post was submitted on 25 Feb 2025
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This is misinformation. BlueSky is not a non profit. It is a public benefit company. The shareholders still expect profit.
The shareholders expect growth and therefore increase in the value of their investment, public benefit companies are however under no obligation to their shareholders to pass on profits to shareholders in the form of dividends. It's definitely not a non-profit either though, it's a different structure.
Plenty of "regular" for profit companies focus on increasing share value by investing profits back into the company instead of paying out dividends. That doesn't really mean anything.
Edit: I see what you mean based on what I said. They expect a return on investment is a better way to phrase it.