Comment Re: Quantity over quality (Score 3, Informative) 63
You start by reading the BLS report. https://www.bls.gov/news.relea...
I would not call it a hybrid exactly. They created a for profit company (capped profit actually) that was majority owned and controlled by a non-profit company. This seems to me like an inherently unstable arrangement, since the incentives and motives of the non-profit board were not well aligned with the minority owners of the for profit company. When the value of the for profit company soared, the instability increased and the whole thing collapsed.
"If John Madden steps outside on February 2, looks down, and doesn't see his feet, we'll have 6 more weeks of Pro football." -- Chuck Newcombe