I just took some time to watch that video, and that seems to say “Yes” instead. Yes, they started as a non-profit, with a for-profit arm, and Yes, the for-profit arm is now trying to sell out in an IPO to (guess what) make more money. And while they are distinct entities, there’s some of the same people on the board for both, who are likely going to profit.
No.
Here is an alternative Piped link(s):
No.
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
I just took some time to watch that video, and that seems to say “Yes” instead. Yes, they started as a non-profit, with a for-profit arm, and Yes, the for-profit arm is now trying to sell out in an IPO to (guess what) make more money. And while they are distinct entities, there’s some of the same people on the board for both, who are likely going to profit.