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this post was submitted on 09 Sep 2023
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Simple Living
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I have no idea for sure, but I assume they would have a contract you would agree to that governs how they use your contributions and it would allow you to sue for breach of contract in small claims court. According to their website they plan to have a steward ownership model in which profits serve the mission of the company and protect it from extractive capital. I imagine that means it will hopefully be set up to not allow it to go public or misuse funds.
I agree -- I particularly liked that they call out corporate governance structure in the FAQ.