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I Just Hit $100k/year On GitHub Sponsors

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Re: I Just Hit $100k/year On GitHub Sponsors

#171

Post by Grimm1 »

komali2 wrote: post #144
Grimm1 wrote: post #47

Earlier quoted context omitted.

Unless you're doing interesting things at google for that 300-500k, 100k to work on OSS problems seems immeasurably better to me especially because they don't have to live in the bay area. 100k in pretty much anywhere but the east or west coast may as well be 300k.

If we're talking raw numbers, that doesn't compute well. My last rent in Houston for an actual cool place to live (downtown Westheimer area) was a solid 1.3k, or 15k a year. So after taxes rough estimate 70k - 15k = 55k into your savings account, before expenses etc. I have the best apartment I've ever had in my life practically on top of 16th mission station right now for 2.1k. I'm not making 300k but if I was, let'…

I see the time spent making that 300k at a fang as 40-60 hour a week opportunity cost on better work with the caveat that if you are doing work you consider personally interesting then good for you. I think ultimately we have very different priorities from each other though and view money differently as well.

Re: I Just Hit $100k/year On GitHub Sponsors

#173

Post by Ndymium »

spurdoman77 wrote: post #163
ensignavenger wrote: post #150

Earlier quoted context omitted.

Can you not do a "pay what you want" product? Here is this software which is open source. You can pay me what you want to for it- here's the link. The software (Or service in your case?) is the product.

You can create that and I think in 99% percent of cases you can also collect github donations without problems in Finland. If it were to go in court I think it could be easily explained as non-donation because there is work performed. Also OPs explanation is not so straightforward, the money collection act is being contested all the time and many succeed in collecting money here.

Can you link sources to contesting it? I'm interested in learning what kind of things are approved.

Re: I Just Hit $100k/year On GitHub Sponsors

#174

Post by komali2 »

Grimm1 wrote: post #171
komali2 wrote: post #144

Earlier quoted context omitted.

If we're talking raw numbers, that doesn't compute well. My last rent in Houston for an actual cool place to live (downtown Westheimer area) was a solid 1.3k, or 15k a year. So after taxes rough estimate 70k - 15k = 55k into your savings account, before expenses etc. I have the best apartment I've ever had in my life practically on top of 16th mission station right now for 2.1k. I'm not making 300k but if I was, let'…

I see the time spent making that 300k at a fang as 40-60 hour a week opportunity cost on better work with the caveat that if you are doing work you consider personally interesting then good for you. I think ultimately we have very different priorities from each other though and view money differently as well.

Well that's fair, though a different discussion. I would argue you could probably find a project at Google that promotes your values, who knows though.

In any case, my numbers hold up for bay area startup salaries as well - if they didn't, I wouldn't live here lol.

Re: I Just Hit $100k/year On GitHub Sponsors

#175

Post by karambir »

Ndymium wrote: post #132

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

The exact same thing is for India. Individuals can't get non-profit status. So you have to sell something. A software dev friend tried donate button with cta "Get exclusive support" for few months. But international audience didn't quite get it.

I have seen some gamers in India asking for donations and giving direct account details(UPI[1] details), but I am very cautious against this. I am just waiting(selfishly) for Income Tax dept to serve notice to someone and get this clarified via court case.

1. https://en.wikipedia.org/wiki/Unified_Payments_Interface

Re: I Just Hit $100k/year On GitHub Sponsors

#176

Post by _bxg1 »

AlchemistCamp wrote: post #146
Ndymium wrote: post #132

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

How common are bootstrapped (i.e. non-wealthy, non VC-funded) entrepreneurs in Finland?

From what I can tell this has nothing to do with that. Anything that could be considered commerce or an exchange for goods (even abstract goods) falls outside of it. This only applies to donations; it's just that the internet has created this in-between category where "donations" are made to someone working on a product that can't really be "sold" in the traditional way, and the law doesn't have a proper carve-out for those cases.

Re: I Just Hit $100k/year On GitHub Sponsors

#178

Post by claudeganon »

_bxg1 wrote: post #170
Ndymium wrote: post #132

Reading these makes me sad about the law in my country, Finland. The lowest tier of OP ($7 for no reward) would be illegal here. We have a law called "Money Collection act", which states that to gather donations (i.e. payments with nothing in return), you have to get a permit. This permit costs money, is not given to individuals, and is given only for non-profit activities. So this means that if you see a donation/sp…

That's a strange law. I assume it serves some purpose (or must have served one when it was introduced, at least). What's the argument for it?

The US has a lot of charity scams and dubious NPOs collecting cash. There’s news about fraudulent GoFundMe’s pretty regularly, for example.

Finland is probably too far the opposite direction, but the whole sector could use a lot more scrutiny over here.

Re: I Just Hit $100k/year On GitHub Sponsors

#180

Post by qazpot »

rocgf wrote: post #162
qazpot wrote: post #153

Earlier quoted context omitted.

[flagged]

It's really incredible how much the hatred for 'socialism' goes in certain circles.

I am not hating on socialism. It has it's merits like providing healthcare if properly implemented but having excessive permits and licence is one of the facets of socialism. Socialism is not the perfect system.
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