Thank you Brian and Barbara! Appreciate your feedback and opinions.
[@mention:449693036223847456] - I see your point more clearly now. If one can reap all the benefits of a Benefit Corp (no pun intended) in an LLC, but with more freedom due to "any set of governance rules", why not go with the latter? Makes sense.
[@mention:498251187806746638] Thank you for referral. I just signed up for their newsletter. Looks very interesting but at initial glance, it seems more Europe based correct? Or am I mistaken? I've never heard of a Purpose Trust/Purpose Foundation per this link:
I only know of revocable, irrevocable, and self-directed trusts here in US but the principles of a Purpose Foundation definitely resonate with me.
I guess one factor that's missing from this analysis is how this might impact the end investor's risk/reward profile & appetite?
Thanks again all!