Technically they still are, but the nonprofit owns and controls a for-profit corporation. I think they made that switcheroo a little over a decade ago, but someone else can fact check me the timing.
Is that an actual for-profit company controlled by the non-profit wikimedia foundation, or just a way for the foundation to make money to run its operations? My understanding is it’s the latter, unlike Mozilla and now Raspberry Pi. See here:
Wikimedia Enterprise is a product of the Wikimedia Foundation, with content created by volunteers around the world.
A nonprofit doesn’t have to rely exclusively on donations to fund its operarions.
it’s not. They do have a commercial product they use to fund their operation, in addition to donations, but that doesn’t make them a for-profit company.
I just took some time to watch that video, and that seems to say “Yes” instead. Yes, they started as a non-profit, with a for-profit arm, and Yes, the for-profit arm is now trying to sell out in an IPO to (guess what) make more money. And while they are distinct entities, there’s some of the same people on the board for both, who are likely going to profit.
Didn’t they start as a non-profit? But I guess, as someone I know used to say, there’s one god everybody worships: the money god.
You can still donate to them if you enjoy feeling like a sucker.
XD
Damn. I’ll donate to Pi-Hole instead.
Because that’s the non-profit organization, not the for-profit business.
A non-profit in the same way OpenAI is a non-profit.
“Buy me senpai!”
Non-profit to enjoy the perks that come with that until they’re big enough to cash out.
Technically they still are, but the nonprofit owns and controls a for-profit corporation. I think they made that switcheroo a little over a decade ago, but someone else can fact check me the timing.
Just like Mozilla, OpenAI and wikimedia foundation. The future looks bright /s
oh I didn’t know wikimedia was also a for profit in disguise. that sucks hard.
https://enterprise.wikimedia.com/
Is that an actual for-profit company controlled by the non-profit wikimedia foundation, or just a way for the foundation to make money to run its operations? My understanding is it’s the latter, unlike Mozilla and now Raspberry Pi. See here:
A nonprofit doesn’t have to rely exclusively on donations to fund its operarions.
it’s not. They do have a commercial product they use to fund their operation, in addition to donations, but that doesn’t make them a for-profit company.
Uh, no? It’s the other way around?
According to who? You? Because the UK government says otherwise.
Raspberry Pi LTD (for-profit, founded 2012) is owned by the Raspberry Pi Foundation (non-profit, founded 2008).
https://find-and-update.company-information.service.gov.uk/company/08207441/persons-with-significant-control
Fair enough, but raspberry pi (trading) Ltd is the one that’s mostly in control.
I’m not sure what you’re missing here, but they are OWNED by the non-profit, which means their actions align with their owners intent.
The Raspberry Pi Foundation lived long enough to see itself become the villain. Don’t make excuses for them.
No.
Here is an alternative Piped link(s):
No.
Piped is a privacy-respecting open-source alternative frontend to YouTube.
I’m open-source; check me out at GitHub.
I just took some time to watch that video, and that seems to say “Yes” instead. Yes, they started as a non-profit, with a for-profit arm, and Yes, the for-profit arm is now trying to sell out in an IPO to (guess what) make more money. And while they are distinct entities, there’s some of the same people on the board for both, who are likely going to profit.