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The third quarter was a busy one for the public benefit corporation, or PBC, Vital Farms Inc. (ticker: VITL). A producer of pasture-raised eggs and butter, the company increased its network of family ...

Delaware Public Benefit Corporations (PBCs) are a relatively new type of business entity that have gained popularity in recent years as social and environmental issues have taken center stage. With ...

Are B Corps right for healthcare companies? Cathy Thomas Hess, RN, a clinical wound care expert, founded Wound Care Strategies in 1995 as a healthcare business consulting company. Now called Well Care ...

As counsel for many socially-conscious businesses, perhaps the most frequent early-stage question we field from entrepreneurs is whether they should organize their business as a traditional business ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. Follow Lakshmi Varanasi Every time Lakshmi publishes a story, you’ll get an alert straight to your ...

OpenAI has converted into a public benefit corporation. Delaware’s attorney general approved the restructuring plan. Microsoft gains a 27% stake in OpenAI’s new for-profit arm. A new OpenAI Foundation ...

OpenAI wants to turn its existing for-profit arm into a Delaware Public Benefit Corporation while reducing the control its board exerts over operations. OpenAI thinks it has found a way to make its ...

Athletes Unlimited is the first public benefit pro sports league. What does that mean for the players? Athletes receive childcare benefits, donate to nonprofits of their choosing, and serve on ...