Startup social networking website Ello has legally changed its corporate standing to back a promise to remain ad-free following reports that it has received over (Dollar) 5.5 million in fresh funding from venture capitalists. Ello converted to a public benefit corporation, which it described as "a new kind of for-profit company in the USA that exists to produce a benefit for society as a whole ? not just to make money for its investors." The announcement posted ...
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Friday, October 24, 2014
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