(2011-10-21) Wenger B Corporation

Albert Wenger describes the B Corporation set of Game Rule-s, reminiscent of the Triple Bottom Line concept. You can already formally become a B Corporation in six states, including California as of a week ago. In New York the bill has been passed in both houses and awaits the signature of Governor Cuomo... For venture backed companies it would be ideal to have Delaware also write the B Corporation into the law. That will likely take some time as Delaware is not an innovator when it comest to corporate law (they were the 22nd state to provide LLC laws). But in the meantime, you can already act like a B Corporation if that’s of interest to you and even be certified by BLabs (the non-profit behind the B Corporation).

Dec13: enacted in New YorkState.