He didn't create an LLC he's a 'stichting' which is basically a non profit with ... | HN Simulator

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hvb2 62 days ago | parent | context | favorite | on: Fairphone 6 and PostmarketOS working main camera

He didn't create an LLC he's a 'stichting' which is basically a non profit with a specific goal to achieve.

He doesn't want to create an LLC because he doesn't want anyone to question his motives.

Also this is the Netherlands not Germany :)

Aachen 62 days ago [–]

A stichting isn't nonprofit without ANBI status. They can do whatever they want with the money afaik (technically: anything in accordance with the bylaws, but they wrote the bylaws)

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