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Mastodon becomes nonprofit to make sure it’s never ruined by billionaire CEO
Mastodon shifts to nonprofit ownership, calls for $5M in donations to expand.
https://arstechnica.com/tech-policy/2025/01/mastodon-becomes-nonprofit-to-make-sure-its-never-ruined-by-billionaire-ceo/?utm_brand=arstechnica&utm_social-type=owned&utm_source=mastodon&utm_medium=social
@arstechnica "becomes" ? Was it ever a for-profit ? 
@jums @arstechnica
No. It was a non-for-profit, but the German tax authorities revoked the non-for-profit status.
They are creating a new company also to comply with German law.
@elCelio @arstechnica right so it did not "become" anything new, it always have been
@jums Mastodon gGmbH was founded as a non-profit organization, but the tax authority in Germany revoked their non-profit status without explanation, see this blog post from April 2024 https://blog.joinmastodon.org/2024/04/mastodon-forms-new-u.s.-non-profit/
