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Where else did you imagine their money coming from?
by glomph 12y ago
Where else did you imagine their money coming from?
- spikels 12y agoIt's a non-profit serving the public interest so I had assumed donations from individuals and foundations would be a bigger source of revenue. It looks like they have collected less than $2.2 million in the 8 years covered by the financials. This is nothing for a organization that spent $150 million last year. I hope they got a generous deal from Yahoo - who has a ton of Alibaba cash burning a hole in their pocket - but the fundamentals of a shrinking desktop advertising market and share don't look good.