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Zero and several, respectively. It's still interesting to note that the Wikimedia Foundation is getting more cash in donations than it requires to operate. If
by jarfil 7y ago
Zero and several, respectively.
It's still interesting to note that the Wikimedia Foundation is getting more cash in donations than it requires to operate. If it wasn't a non-profit, it would actually turn out a profit.
- huffmsa 7y agoI don't know what their current cost structure is, but assuming they don't currently pay contributors in a meaningful amount, going for profit would mean they would probably have to, and COGS would go way way up. The current income probably wouldn't cover it.
- manigandham 7y agoWhy would they have to? Contributors do so voluntarily. This is no different than Quora or Stackoverflow which are both for-profit and don't pay for content.
- ulisesrmzroche 7y agoIt does turn a profit. You can be a non-profit and still turn a profit. You just don’t get taxed for generating income the same way, since we assume the profits help the greater good; since, we as a people, (not greed)(ideally) deemed it to be so.
- piccolbo 7y agoThat's not the main difference. The main difference is that the profits can not be paid out investors. They have to be re-invested in the company.