Only non-profits stay true to a social bottom line long-term
Sal Khan · Khan Academy: Sal Khan · Sep 21, 2020 · at 39:43
Sal Khan, founder of Khan Academy, reflects on his hedge fund background and his choice to resist commercial ed-tech venture funding in favor of a non-profit structure.
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“While I was at a hedge fund, I saw how much capital structure and incentives can really drive what an organization does. And the only organizations that really do stay true to some social bottom line over long periods of time are nonprofits.”
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