Tera was incorporated as a Benefit Corporation.
Benefit corporations are a new legal tool to create a solid foundation for long term mission alignment and value creation. Becoming a benefit corporation has advantages for every stakeholder in the business, from consumers, and talent to shareholders and directors.
It protects our mission through capital raises and leadership changes, creates more flexibility when evaluating business priorities, investment, and enables Tera to be a purpose-driven company. Save the planet. It’s simple.
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