Delaware’s Updated Benefit Corporation Law Would Have National Impact
A growing number of companies incorporated in Delaware are also benefit corporations
Benefit corporation
This Is Ello’s New Charter and What It Means
Right before they received their investment, Ello wrote up a charter that basically reframed their infamous manifesto, only in more clear, specific language. In it, they say that there are three things they will never do: sell their user's data, run ads on their site, or sell Ello to anyone who would compel them to do either of those things. The charter says:
