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Thanks! :^) Gittip is funded on Gittip, and isn't designed to be profitable per se. More info: http://blog.gittip.com/post/26350459746/the-first-open-company

• pfortuny 14y ago
  Oh, great but then, who is accountable for precisely these rogues? That is certainly a systemic problem or am I missing something? I like the idea.
  • whit537 14y ago
    Well, Zeta Design & Development, LLC is technically the legal owner of Gittip, and I'm the owner of Zeta Design & Development, LLC. The open company philosophy means that I'm managing it as a community resource and not a closed product. Am I answering the question?
    • Permit 14y ago
      I imagine the problem he's addressing is what you're going to do in any instances where a member lost money and you'd like to reimburse them. In a traditional company, this might cut into your profits, but might simply be the cost of doing business. In your case, if you have no profits to cut in to, how will you reimburse people if that sort of situation were to arise? I think Gittip looks really cool, and the concept of an "open company" is intriguing. I'll definitely be interested how you guys tackle these sorts of problems.
      • whit537 14y ago
        Gittip doesn't have profit, but it does collect a fee, and that fee needs to cover reimbursements and chargebacks. Here's the ticket: https://github.com/whit537/www.gittip.com/issues/152 https://github.com/whit537/www.gittip.com/issues/152