Can Ello Legally Promise To Remain Ad-Free? This guy doesn’t think so

This guy doesn’t think so:

Previously, Ello could only change its policy and run ads with the approval of 51% of shareholders, and now 67% is required. That’s an improvement but hardly an eternal guarantee. Either way, the majority could be achieved if enough of the original founders and shareholders give in to temptation, or if the exit-hungry venture capitalists get enough seats on the board to outvote them.

via Can Ello Legally Promise To Remain Ad-Free? – Slashdot.

Advertisements