“That's why it has to be a nonprofit, because a nonprofit is required to take monies it receives and use them for the purposes for which it's chartered by the government. It can't be pocketed.”
Author details
Related authors
Other Mitch Kapor Quotes
We've already gotten a significant grant from the Andrew W. Mellon Foundation, and a university consortium. I think the whole sector of Foundations, potentially with government support, is promising - more than promising, I think, it's substantial.
Mitch Kapor 
58% of people like this quote
The culmination of all of that was the decision to start a company, which became Lotus, to do a product, which became 1-2-3. By the time I reached that point it had been four years, and it felt like a lifetime, but really it was kind of evolutionary.
Mitch Kapor
57% of people like this quote