Comment by dahauns

Huh, fascinating. The Patagonia structure is actually strikingly similar to the Bosch model - non-profit owning the shares, but no voting rights, trust having voting rights but no shares - just taking it to the logical 100% conclusion without the residual influence of the Bosch family (having retained a few percent in both).

The model has worked well for many decades for a 100 billion$ revenue company like Bosch, good to see others taking a cue from them.

(Also goes to show that even constructs like these are not safe from corporate fuckups - see the emissions scandal...)