We have been communicating on the lack of funds in the Foundation for a while now, the latest being here. And whilst we’ve been working hard to gather new members and are happy to see the number of logos increasing (thank you all for seeing the need for Matrix to stay independent and safe, and the value in supporting it!), none of the big players in the ecosystem have actually committed to one of the higher membership tiers, so we need to find other ways towards sustainability.
🤔
Sounds like that business plan isn’t working out like you hoped…
A two bedroom, one bathroom house built in the 80s in San Francisco cost $1.1 million a couple years back. I don’t suppose cost of living in most big cities went down.
For comparison, Mitchell Baker, the former CEO of Mozilla, saw her yearly pay rise from $2.4 million in 2018 to 6.9 million in 2022. I think it’s perfectly adequate for the CEO of matrix to earn the salary of a moderately successful software engineer.
🤔
Sounds like that business plan isn’t working out like you hoped…
And/Or not enough users care to use your product.
🤷♂️
The plan was to rely on donations, which doesn’t usually work for hosted products.
That’s not how non-profit foundations work.
😂
Still need users. And folks who like/want/use the product enough to care to donate.
If neither is happening, you’re business model is failing. Profit or nonprofit.
🤷♂️
Removed by mod
A two bedroom, one bathroom house built in the 80s in San Francisco cost $1.1 million a couple years back. I don’t suppose cost of living in most big cities went down.
For comparison, Mitchell Baker, the former CEO of Mozilla, saw her yearly pay rise from $2.4 million in 2018 to 6.9 million in 2022. I think it’s perfectly adequate for the CEO of matrix to earn the salary of a moderately successful software engineer.