#insert harry brewis “if something is easy to verify no one bothers” or however that went

[mathcat7]

From someone with minimal understanding of how business laws work, are you able to explain further how cohost being run by an LLC means it was doomed to fail? Or is it more an issue that they lied about being not for profit?

Not that this in of itself meant it was doomed to fail per se, obviously most popular social media platforms are run as for-profit businesses, nor is it really a matter of the legal dubiousness of it all for me (I'm not a legal/business expert either, ftr). But ASSC saying they run as a non-profit, and making it a key part of their/cohost's branding and presentation (again, it's the second thing you see on their club's main web page), and that being a falsehood speaks to some combination of deep incompetence (ergo they don't know the basics of signing up as a nonprofit or whatever designation they would've needed to be) and/or malicious intent towards their userbase (ergo it's easier to wring money out of your power users if they believe this to be a charitable and/or grassroots organization). If it's the former, my reaction speaks more to the idea that ASSC just kept failing upwards until it stopped working. If it's more the latter, my reaction speaks more to the idea that this whole thing might've been a grift and a rather easy one to break at that if anyone with enough inertia dug this up sooner.