Funds for Open Source

Re:Funds for Open Source by rimutaka on Thursday March 25, 2021 @05:12PM (#26585442)

I would love to see their pitch deck with the TAM and that sweet x10000 ROI with their 10% fee! :)

Although they may add value to OSS in the short term by bringing in the $$$ we wouldn't otherwise get, their ultimate purpose as a business is to maximize the return to the shareholders, who are not you or me.

What we really need is more competition in this space to drive the fees down.

[ Parent | on HN ]

Re:Funds for Open Source by caniszczyk on Thursday March 25, 2021 @06:26PM (#26586381)

...or use services that are run by non profits? there's a lot of funding platforms out there https://www.oss.fund

this type of service should be a public common good imho

[ Parent | on HN ]

Re:Funds for Open Source by AKluge on Thursday March 25, 2021 @06:37PM (#26586498)

The ultimate purpose is to fulfill the will of the shareholders. While this is usually dominated by profit concerns, other factors can come into play as well. Especially social good and community impact.

[ Parent | on HN ]

Re:Funds for Open Source by imtringued on Saturday March 27, 2021 @09:30AM (#26602155)

Who are the shareholders? Are they opensource developers?

[ Parent | on HN ]