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1806 points JustSkyfall | 2 comments | | HN request time: 0.422s | source
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fn-mote ◴[] No.45284378[source]
I was ready to be unsympathetic - too bad for the company - but then I read TFA and it's a rug pull on a nonprofit teaching coding to kids....

https://hackclub.com/

(They do help clubs sell things, taking "7% of income", so they do have a revenue stream, but the money that Slack wants would pay a veritable army of student interns.)

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whywhywhywhy ◴[] No.45287386[source]
Financials are here, not too surprising if sales at Slack saw this they'd charge more

https://projects.propublica.org/nonprofits/organizations/812...

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1. dmqctx ◴[] No.45287681[source]
Welp -- this explains why Slack's sales teams is going scorched earth after them. If Hack Foundation is the same as Hack Club their revenue has skyrocketed in recent years, and they're showing consistent growth. So do sales people at big tech companies keep tabs on non-profits financials and decide when to pounce on them for money based on growth like this? something tells me probably.
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2. whywhywhywhy ◴[] No.45289000[source]
The word “nonprofit” shouldn’t really be used for these organizations anyway because you can see right there the people in charge of it are literally profiting.

Noshareholder would be more honest.