3min chapter

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

d.MBA

CHAPTER

Patagonia Purpose Trust

The board of patagonia will continue to be the same. The only thing that changes is that tha e profit will not go into the family's pocket, but it will go into this non-profit pocket except for likety two % of the trust. So if they are not actually giving away the company, they still have full control over the company. What they are doing is actually changing who the profit goes to,. I'm just saying that when he comes to what the company does and what happens with the money that is earned, that's still 100% under the control of a ivon and his family.

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