prospectacle writes:
"An important choice remains for this site. What kind of organisation will we be, practically, legally and financially?
A for-profit, shareholder corporation seems out of the question, by general consensus (correct me if I'm wrong), but other questions remain. The basic choice is this:
Will we be like a charity, a co-op, or a recreational club?
This is a gross simplification, but gives some idea of the options involved. Feel free to offer alternatives. So what should we be, what is our purpose, really? And what kind of a structure is required to make sure we serve that purpose, and that money doesn't end up in the wrong pockets?
Bonus question: which jurisdiction should we set ourselves up in to fulfil our mission most effectively?"
(Score: 2, Insightful) by kbahey on Wednesday March 12 2014, @04:39PM
The coop thing is not workable for a site that exists for its contributors and regular visitors.
So, this leaves the charity as the only realistic option. We still need to define how the site makes money (ads, subscriptions, donations, and/or sponsorships) to pay for hosting, and some staff, while also retaining some unpaid volunteers.
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