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Toot.si je slovensko Mastodon vozlišče katerega osnovni cilj je omogočati prijazno skupnost in varnejši prostor.

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Matija Šuklje

It is common knowledge that public-held corporations (i.e. on stock market) are profit-driven.

But what I recently learnt from my 🇺🇸 colleagues is that in , employees of a public-held corporation are required by law to work in the interest of the stock-holders (i.e. maximise profit/dividends), and are also directly liable to them.

This is not so in Europe (I know at least for 🇸🇮, 🇩🇪 , 🇪🇸 , 🇫🇷 ) BTW, so that was a surprise!

So if a company says they care about a certain topic (e.g. privacy, environment, …), here’s my ultra-simplified decision list:

• NPO – Of course! 😍
• social enterprise – Sure, why not 😃
• private company (esp. EU-based)? – I’ll do some research, but should be OK 🤷
• startup (esp. US-based)? – Cool stuff, but once you IPO, I’m out. 🤨
• on stock market? – I’m quite sceptical… 🤔
• on stock market and US based? – Hell no! 😱

(yes, of course, things are _much_ more complex, it’s a toot!)