"the company looked at the history of social media over the past decade and didn’t like what it saw… existing companies that are only model motivated by profit and just insane user growth, and are willing to tolerate and amplify really toxic content because it looks like engagement… "
What should they be doing instead? Begging for donations? I do agree in general, tho. Seems they should at least be squirreling away some (or most) of that money into a foundation, because they’re obviously going to need it one day.