#458 – Marc Andreessen: Trump, Power, Tech, AI, Immigration & Future of America

12687.269 - 12705.156 Marc Andreessen

Um, the IRS and other legal entities, uh, government entities scrutinize this very carefully because the us takes foundation nonprofit law very seriously because of the tax exemption. Um, and so the way that historically, the way that you do it is you start a for-profit and then you, you raise money with the for-profit to buy the assets of the nonprofit at fair market value.