WEBCAST TODAY: PIR Stewardship: Community Webinar #pirstewardship

[dorothy g]

Worrying

On Fri, Dec 20, 2019 at 9:54 AM Ayden Férdeline <icann at ferdeline.com> wrote:

> I think they are continuing to conflate terms, perhaps unintentionally, as
> the legal structure of a future PIR seems as uncertain to Ethos Capital as
> it is to us.
>
> Presumably PIR will be reconstituted in Delaware, as that is where Ethos
> Capital is incorporated, and Delaware has a "Public Benefit LLC" that is
> separate and distinct from incorporation as a benefit corporation or B
> Lab's B Certification. The first article I found when searching to try to
> find the difference was by a law professor at Columbia entitled,
> "Introducing the Totally Unnecessary Benefit LLC."
>
> Essentially it only binds you to being a socially conscious business for
> two years, and then you can revoke it or change to being an LLC with the
> vote of 2/3 of your members (not sure who is considered a member).
>
> Ayden Férdeline
>
> ‐‐‐‐‐‐‐ Original Message ‐‐‐‐‐‐‐
> On Thursday, December 19, 2019 6:55 PM, Joly MacFie <jolynyc at GMAIL.COM>
> wrote:
>
> The way I heard it, they had opted for B Corp over Certification. Could be
> wrong!
>
> The other point was that, philanthropically speaking, PIR's focus would be
> on the ORG community, rather than, via ISOC, the entire Internet.
>
> What wasn't said was that, by the same token, such funding benefits from
> shedding the entire ISOC overhead.
>
> joly
>
>
>
> On Thu, Dec 19, 2019 at 12:07 PM Sam Lanfranco <lanfran at yorku.ca> wrote:
>
>> I listened to the Community Webinar. It was informative but I would note
>> that of the 5 questions submitted in the Q&A Box, four were addressed at
>> the end of the webcast, BUT (??) the two I asked were ignored.
>>
>> They were:
>>
>>    - Would PIR consider remaining a non-profit, which would assist the
>>    proposed Stewardship proposal in its work? There was no comment.
>>
>>
>>    - I asked for clarification with respect to the propose B Corp LLC,
>>    and whether it was an incorporated Benefit Corporation or just Certified by
>>    B Lab. What was said in the webinar on that subject was unclear. There was
>>    no comment.
>>
>> I guess they ran out of time, or else the questions are off the table.
>>
>> Sam L.
>>
>
>

-- 
Dorothy Gordon
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