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Comment by reitzensteinm | Hacker News Reader

Further, the sale of the asset to a third party is essentially laundering the extraction of maximum value.

The buyer pays the NPV when operated as a profit focused enterprise, then insulates the ISOC from blowback when it actually does this.

The ISOC can then turn around and feign betrayal with the rest of us, its pockets full of money.

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This is the internet. We don't forget things like this. People's names have been attached to it, like Andrew Sullivan (CEO) and Richard Barnes (board member defending it). We know exactly who fucked over everyone here, they admit it publicly. There's no pretending about it, Andrew was more than happy to sell out the non profit space. Just read the interview: https://www.theregister.co.uk/2019/11/29/isoc_ceo_dot_org_sa...

This is the Internet. Everyone will have forgotten this besides, like, five people before this time 2020.

2020/tomorrow. FTFY

This is Hacker News, pretty much everyone will have forgotten about this relatively soon but whenever anything even remotely related to the event is posted about one of the people who has not forgotten will say about how they are still annoyed with X and that X is immoral, which will then cause someone to say what is wrong with X, and then someone else will go into excruciating detail on what is wrong with X and lots of people will chime in to say they hate X too.

Which I think is pretty much things working as intended. And as a result, no they won't exactly be remembered forever but they don't get to go down the memory hole either.

I’ll have a reminder each time the website I created for volunteers helping a non-profit is up for renewal.

"laundering" is the fundamental purpose of incorporation. The various forms of corporations are various ways to detach responsibilities normally required of natural persons.

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