Interesting article on public benefit corporations in the LA Times.
“When I was 30, I left a career as a hedge fund trader hoping to make a more positive contribution to the world. I founded a nonprofit, Groceryships, to tackle the lack of healthy food in our inner cities. It was successful, by many counts, and it’s a going concern. But almost immediately, I found the joy of service overshadowed by the exasperation of trying to keep a not-for-profit organization afloat.”
Read the rest of the article at http://www.latimes.com/opinion/op-ed/la-oe-polk-the-case-for-profit-social-enterprise-20170312-story.html