The point is that this requires making founders residual claimants of their “charities”, otherwise no-one is going to want to start one because the risk is all on the downside. Which means that you actually have a social enterprise, rather than a charity.
The point is that this requires making founders residual claimants of their “charities”, otherwise no-one is going to want to start one because the risk is all on the downside. Which means that you actually have a social enterprise, rather than a charity.