/srv/irclogs.ubuntu.com/2014/08/08/#ubuntu-us-oh.txt

PCLine_Hello00:40
dzhohuh.  I guess they do describe themselves as a "start-up"  http://centerforopenscience.org/17:37
jenni[ COS | Home ] - https://j.mp/1ph2W8W17:37
dzhoalthough "non-profit start-up" seems a little oxymoronic to me.17:38
jrgiffordHey, I was/is part of a non-profit startup19:04
jrgiffordcore product is non-profit, the data that comes out of it is what we sell to research institutions19:04
jrgiffordor at least, that was the plan19:04
* skellat wonders if a Form 13909-A is needed about non-profit status: http://www.irs.gov/pub/irs-pdf/f13909.pdf19:11
skellatYeesh, the dividing line between commercial activity and non-commercial activity keeps getting weirder and weirder as days go by19:13
skellatFrom climagic on Twitter, synthesize your own busy signal: play -n synth sine 480 sine 620 remix 1-2 fade 0 0.5 delay 0.5 repeat 519:21
jrgiffordskellat: well, we were a for-profit entity19:24
jrgiffordhowever, we were going to operate in a very non-profit-like fashion19:24
skellatYeah19:24
skellatThat's what the law doesn't really play nice with19:24
jrgiffordbecause otherwise (the theory went) we'd scare anyone looking to invest in the idea19:24
skellatI don't doubt it19:25
jrgiffordanyway, the idea didn't go anywhere19:25
skellatHaving the binary profit/non-profit split is not exactly the best thing for ordering the business world at times19:25
jrgiffordyeah19:25
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