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matwood
on Sept 26, 2024
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OpenAI to become for-profit company
The money doesn't have to be used. Many non-profits have very large balance sheets of cash and cash equivalent assets. The money just won't be paid out as dividends to shareholders.
sotix
on Sept 27, 2024
[–]
Correct. They carry a net assets balance at the end of the period. But they do not retain earnings because there are no shareholders to pay out.
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