However the big issue is that it's registered and the assets are easily accessible to a rogue court.
The only reason to incorporate or form an LLC is for liability reasons. Any business with multiple members is generally a partnership by default. This means that all partners are personally liable for the business.
Liability here is likely not their biggest concern because they have 230 liability protection from defamation. They maybe need to worry about privacy (except that they don't hold any personal data). The big issues they need to worry about are mob violence or activist legal actors, which liability protections are bad at protecting from. Even a limited liability organization can become personal liability to the owners under the right legal circumstances. It can come down to a judgement call on behalf of the judge.
This is not legal advice, but merely an explanation of the law.
Exactly what did the rogue mod want to censor? I saw another comment saying censoring “racism and violence”. Violence? Yes, of course and there hasn’t been any of that crap since after 1-6 (which looking back now it’s weird and suspect that so many comments were violent before 1-6...) but what racism?
I genuinely never see “racism”? At least enough to be censored? What is the rogue mod referring to when he says he favored more censorship? What type of censorship do/ are they pushing on you guys exactly?
According to his interview he wanted to enforce the "Be Respectful" rule, which you'll notice is now gone from the rules. I assume that includes censoring "faggot" which the current mods seems to love to use.
Who is the new domain owner? Thank you for keeping the site up, Kings!
5 of our mods.
Are the mods in equal ownership? 20% each?
No, 24/24/24/24/4
4 for tiebreaker.
You mods are fucking genius.
And ....10% for the big guy
just wanna say we appreciate all the work you put into this site and i doubly appreciate this level of transparency.
If one of you dies, is there a line of succession?
Edit: Asking for a friend from Arkansas.
Well that's clever...
Sounds like communism to me
They're shareholders with 5 distinct equity positions. It does not get more capitalist than that.
No, that's 95/2/1/1/1
If that’s the case you have a very warped sense of what communism is lmao.
Have you considered starting a 401c or a Super Pac and transferring ownership to the new entity?
Don't do that. Then it gets a board. And all boards get cucked.
This
You can have the directors be shareholders.
However the big issue is that it's registered and the assets are easily accessible to a rogue court.
The only reason to incorporate or form an LLC is for liability reasons. Any business with multiple members is generally a partnership by default. This means that all partners are personally liable for the business.
Liability here is likely not their biggest concern because they have 230 liability protection from defamation. They maybe need to worry about privacy (except that they don't hold any personal data). The big issues they need to worry about are mob violence or activist legal actors, which liability protections are bad at protecting from. Even a limited liability organization can become personal liability to the owners under the right legal circumstances. It can come down to a judgement call on behalf of the judge.
This is not legal advice, but merely an explanation of the law.
We don’t want to go there after the whole NimbleAmerica thing.
You could make (2) separate legal organizations. One is the website/domain
The 2nd is the superPAC .
If super pac acts up. Website domain can decide to not Direct money.
The end
Exactly what did the rogue mod want to censor? I saw another comment saying censoring “racism and violence”. Violence? Yes, of course and there hasn’t been any of that crap since after 1-6 (which looking back now it’s weird and suspect that so many comments were violent before 1-6...) but what racism?
I genuinely never see “racism”? At least enough to be censored? What is the rogue mod referring to when he says he favored more censorship? What type of censorship do/ are they pushing on you guys exactly?
According to his interview he wanted to enforce the "Be Respectful" rule, which you'll notice is now gone from the rules. I assume that includes censoring "faggot" which the current mods seems to love to use.
Stop being a faggot
I love gay people, but I won't stop using the word faggot.