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Jimmy Wales responds: Is Wikipedia collecting more money than required?
- mtgx 14y agoA foundation shouldn't wait until the very last minute to collect money and pay their bills, like how the FreeBSD foundation did it, and then they discovered they were 50% off for the whole year, with only a few weeks to go. They should do it like I saw in some other place - raise money in 2012 for the whole of 2013. Then raise money in 2013 for 2014, and so on. Don't raise money in 2012 for 2012. That pretty much guarantees you'll be in a desperate position by the end of the year. Better to plan a little ahead, if at all possible, to increase the chances of survival of the foundation in the long term. So as long the extra money doesn't go into Jimmy Wales' pockets or something, then raising more money than they need currently seems pretty smart to me.
- danso 14y agoI've always been interested in their hosting costs. I'm sure the numerous edits and user actions are the largest toll, but since Wikipedia encourages hotlinking to their media assets, they pretty much act like an imgur-type service, on top of serving the typical webpage...the bandwidth expended just on images must be huge.