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[-] FundMECFS@slrpnk.net 28 points 4 days ago

Can some investor pour 100 million or something into fairphone so the phones actually become good?

[-] JohnDClay@sh.itjust.works 51 points 4 days ago* (last edited 4 days ago)

If it's your average investor, they'll want a return, which will make fair phone stop being ethical.

[-] FundMECFS@slrpnk.net 5 points 4 days ago

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.

[-] cybersin@lemm.ee 2 points 4 days ago

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.

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this post was submitted on 05 Jan 2025
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