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The power of internet sometimes still amazes me. One article. 180keur in donations in a day.
by mikkom 12y ago
The power of internet sometimes still amazes me.
One article. 180keur in donations in a day.
- bpodgursky 12y agoHonestly... given that likely millions of people read about this yesterday, I think it's showing of how ineffective internet donations can be that it was a worldwide top story and only generate a few hundred thousand dollars. If only one project can be in the spotlight a day, there aren't that many projects that can get a respectable amount of funding this way.
- smacktoward 12y agoI imagine if there were a concerted fundraising campaign behind it, they could raise much more. The money they got off the story is just the lowest of the low-hanging fruit. According to TFA, he's raised nearly $300K so far; rather than using that all to hire coders, it might be worth taking $100K of that, setting up a foundation, and hiring a full-time fundraising/development person. A good one should be able to bring in enough to pay for themselves and ensure a steady stream of ongoing cash, which would be much better than having to rattle the tin cup when things get dire.
- acqq 12y agoIf I understood correctly, if given as salaries, half of the received money will go to taxes (for Germany, like most of Europe, it's typical tax to the salaries) as the developer handles everything through his company. And everything donated through paypal will also be additionally charged. https://g10code.com/about.html https://g10code.com/about.html It's certainly more than the developer expected or made in previous years, but all together it's not as much as it appears to be.