THP a norm of groundbreaking technology startups using a hybrid model.
Hybrid model organizations consist of a nonprofit entity that oversees a for-profit subsidiary. The nonprofit can act against shareholder interest in order to further the nonprofit's mission. The for-profit subsidiary is legally bound to answer to the nonprofit, but can issue equity, raise capital, and operate like a normal corporation in all other functions. Groundbreaking technology is an innovative advancement that significantly alters how society functions.