3min chapter

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73- Will Adobe ruin Figma? And will Patagonia save the planet?

d.MBA

CHAPTER

Patagonia Purpose Trust

98 or 98 % of profit goes to a non-profit organization that's called holdfast collective. And they their mission is fighting climate change. If this company earns something, they don't have to pay taxes. They're tax exempt in their income. This is what will get the whole a profits of the company. But usi we have a non Profit with 98 % of stocks that gets profits every ear. And then two % is with another is rat some profit or a trust, with the trust probably, i'm guessing, round by the family.

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