3 ms·

The article mentions both the endowment ($100M) and also WMF's funds on hand ($300M?). So the main point is still valid. Wikipedia's fundraising strongly impli

by dannyw 5y ago

The article mentions both the endowment ($100M) and also WMF's funds on hand ($300M?). So the main point is still valid. Wikipedia's fundraising strongly implies that they need your $3 to keep the site online. WMF has $400M which would be enough to keep the site online for up to 40 years with no further donations. Thus, their fundraising is misleading and deceptive. I bet 9 in 10 donators won't donate if they knew WMF has $400 million in the bank -- isn't it morally wrong if you paint a deceptive picture of your finances?

bawolff 5y ago
I think you have those numbers reversed. According to the article (I presume its accurate), the endowment total is $300M [including funds from multiple years], and the fundraising total so far this fiscal year is $142M (I assume that's gross, fundraising has costs). The majority of Wikimedia's money goes to software development, not keeping the lights on. I think there are definitely reasonable criticisms that could be made about WMF's priorities and efficiencies (Not to mention how its situation is conveyed in the fundraising campaign), but I struggle to see a world where WMF spends the absolute bare minimum to keep the lights on, with no further funding to new software development, and Wikipedia is still a success. Disclaimer: used to work there, don't anymore.
- MagnumOpus 5y ago
  > The majority of Wikimedia's money goes to software development, not keeping the lights on The majority of the money goes to grants (because they don't even know what to do with it internally), followed by fundraising and brand building ("advancement" and "communications") which has the largest staff numbers. Then lawyers, and technology staff and contractors are a distant fourth... > a world where WMF spends the absolute bare minimum to keep the lights on, with no further funding to new software development, and Wikipedia is still a success I 'member back in 2005-2008 that was the state of the world. WMF paid Brion Vibber and the bandwidth bills and Brion kept the lights on. It was the most successful time for Wikipedia with massive growth and recognition.
  - metasj 5y ago
    This is almost exactly backwards. Half of the staff work on tech. https://wikimediafoundation.org/role/staff-contractors/ https://wikimediafoundation.org/role/staff-contractors/ 2005-2008 was extraordinary from this standpoint, no question. A reminder of what a small group can accomplish with a vision that brings together a community ready to rewrite the world, from the ground up if need be.

by dannyw 5y ago

bawolff 5y ago

I think you have those numbers reversed. According to the article (I presume its accurate), the endowment total is $300M [including funds from multiple years], and the fundraising total so far this fiscal year is $142M (I assume that's gross, fundraising has costs). The majority of Wikimedia's money goes to software development, not keeping the lights on. I think there are definitely reasonable criticisms that could be made about WMF's priorities and efficiencies (Not to mention how its situation is conveyed in the fundraising campaign), but I struggle to see a world where WMF spends the absolute bare minimum to keep the lights on, with no further funding to new software development, and Wikipedia is still a success. Disclaimer: used to work there, don't anymore.

MagnumOpus 5y ago
> The majority of Wikimedia's money goes to software development, not keeping the lights on The majority of the money goes to grants (because they don't even know what to do with it internally), followed by fundraising and brand building ("advancement" and "communications") which has the largest staff numbers. Then lawyers, and technology staff and contractors are a distant fourth... > a world where WMF spends the absolute bare minimum to keep the lights on, with no further funding to new software development, and Wikipedia is still a success I 'member back in 2005-2008 that was the state of the world. WMF paid Brion Vibber and the bandwidth bills and Brion kept the lights on. It was the most successful time for Wikipedia with massive growth and recognition.
- metasj 5y ago
  This is almost exactly backwards. Half of the staff work on tech. https://wikimediafoundation.org/role/staff-contractors/ https://wikimediafoundation.org/role/staff-contractors/ 2005-2008 was extraordinary from this standpoint, no question. A reminder of what a small group can accomplish with a vision that brings together a community ready to rewrite the world, from the ground up if need be.