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by solarkraft
1681 days ago
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Okay, so the investors want to sell. Understandable, it doesn’t look like there is any (direct) profit to be extracted (which makes me wonder what was initially promised to them ...). An „exit to community“ is an interesting concept, but I have to wonder whether the numbers will ever work out. Are there really 30.000 people willing to pay 100$ each to own a part of OpenCollective? 3.000 at 1.000 each? Maybe. And are 3M$ (barely any return) even what the investors want back? Maybe another/a supplemental way would be commercial sponsorship. In general spreading out ownership seems like a great idea to me and I definitely hope OC survives. It’s absolutely an enrichment for sustainable software funding. |
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