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posted by NCommander on Tuesday March 05 2024, @11:26PM   Printer-friendly
from the help dept.

So, in the background, the owners of the PBC have been working with staff to get the site moved over to a new legal entity and continue operations. This process is moving slowly, but it is moving, with the expectation that we should be able to fully hand off SN in the next month or so. However, the PBC has burned through its cash reserves, and we have an overdue Linode bill as is for $268 USD. I could write more, but the tl;dr, without money, SN will disappear off the Internet.

Most of the subscriptions understandably stopped due to the uncertainty with site ownership and management. However, we're not able to pay the bills with the trickle coming in. At this point, everyone involved has agreed with and are working towards a solution to move SN to a not-for-profit and 501(c)3, but we do need the communities financial support to get there. If we can raise $500 USD via subscriptions, direct donations, or other means, that would keep the site up past May. As such, if you have let your subscription lapse, or otherwise are able to support SN, please do so now.

Any funds raises will be donated to the *new* NFP as soon as it is able to accept funds. We'll run an update if/when we reach our funding goal.

- NCommander

 
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  • (Score: 3, Informative) by VLM on Wednesday March 06 2024, @02:37PM (3 children)

    by VLM (445) on Wednesday March 06 2024, @02:37PM (#1347596)

    The process worked fine for me. I think its a relevant contribution as people tend to only report failures leading to a false sense of non-operation.

    A minute or so after I subscribed, my "preferences" "subscription" tab reports "Thank you for supporting SoylentNews! We appreciate your contribution very much."

    A couple minutes later I got the Paypal email "Receipt for Your Payment to SoylentNews PBC"

    Starting Score:    1  point
    Moderation   +1  
       Informative=1, Total=1
    Extra 'Informative' Modifier   0  
    Karma-Bonus Modifier   +1  

    Total Score:   3  
  • (Score: 2) by VLM on Wednesday March 06 2024, @02:44PM (1 child)

    by VLM (445) on Wednesday March 06 2024, @02:44PM (#1347597)

    Another success report, I immediately (within minutes?) get to wear the cute yellow star next to my name on posts.

    WRT wearing yellow stars, well, the jokes pretty much write themselves about that. Of all the people unlikely to be happy to wear a yellow star, well, here I am, happy as can be!

  • (Score: 1) by crotherm on Wednesday March 06 2024, @03:46PM

    by crotherm (5427) Subscriber Badge on Wednesday March 06 2024, @03:46PM (#1347607)

    The process seemed to work for me using stripe. My credit union has the charge titled, "SUBSCRIPTION PAY", as pending. Also no email conformation as of yet.