This article echoes a lot of the reasons I'm working on Tildes (https://tildes.net) and specifically founded it as a non-profit. My announcement post from last year discusses how the current approach to community-based sites -- specifically the dependence on venture capital and advertising -- makes companies chase goals that are harmful for the users themselves: https://blog.tildes.net/announcing-tildes (HN discussion at the time: https://news.ycombinator.com/item?id=17103093)
I believe that a non-profit model is the only way to break out of the current cycle of sites starting out as "too good to be true" (as they burn through their VC), and inevitably devolving into privacy-invading, advertising-heavy sites dominated by lowest-common-denominator content when they need to keep forcing growth and monetize their users.
Tildes has been publicly visible for a while now, but still requires an invite to register an account. If you're interested in registering and participating just send me an email, the address is in the announcement post linked above. It's not intended to be difficult to get invites, I mostly just want to keep the growth rate under control while more features and the early site culture continue building up.