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by 8ytecoder 2669 days ago
I was going to say that I don't mind and I'm happy to donate whatever I donate every year. But then went and looked up information on their budget - it's quite surprising that they spend as much as they do and it's not very clear on how they spend it and also plans on how they are going to contain the spend. I don't mind Wikimedia having a fat balance sheet and at least a few years worth of reserve but the growth of expenditure to match the donations is concerning. I'm worried they have fallen into the usual trap every startup that's well-funded fall into - assuming that the money they have will somehow magically last forever or that they can get more funding with their aggressive tactics.
1 comments

Exactly. Their annual spendings grow exponentially, roughly matching the donations amounts. It cannot be operations costs. More like irresponsible foolish management.