Makes sense—I wouldn’t have even asked about possible details if you hadn’t mentioned the settlement offer.
The complaint sues a Lightcone Infrastructure, Inc., “a Delaware non-profit corporation with its principal place of
business at 270 Telegraph Avenue, Berkeley, California, 94705.” Am I correct in thinking that, as of 10/13/22, Lightcone now possesses a separate corporate existence (which many fiscally sponsored projects do not)?
Lightcone Infrastructure Inc. has so far never done anything. It’s a nonprofit that I incorporated with the intent of being a home for future projects of mine, but doing anything with it was delayed because of the whole FTX thing. The most real thing it has done is me depositing $50 in its bank account.
Makes sense—I wouldn’t have even asked about possible details if you hadn’t mentioned the settlement offer.
The complaint sues a Lightcone Infrastructure, Inc., “a Delaware non-profit corporation with its principal place of business at 270 Telegraph Avenue, Berkeley, California, 94705.” Am I correct in thinking that, as of 10/13/22, Lightcone now possesses a separate corporate existence (which many fiscally sponsored projects do not)?
Lightcone Infrastructure Inc. has so far never done anything. It’s a nonprofit that I incorporated with the intent of being a home for future projects of mine, but doing anything with it was delayed because of the whole FTX thing. The most real thing it has done is me depositing $50 in its bank account.