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Open Source Endowment – new funding source for open source maintainers

endowment.dev

41–50 of 176 posts

Re: Open Source Endowment – new funding source for open source maintainers

#41

Over the last few years I've talked with hundreds of people in the dev community, and almost everyone shared the same concern: there's no sustainable funding for critical OSS maintenance, and without it the modern world runs on an increasingly fragile foundation. I have personal experience with university endowments, and at some point noticed that the open source world is remarkably similar to a top research universi…

lets try something new

Re: Open Source Endowment – new funding source for open source maintainers

#42

Over the last few years I've talked with hundreds of people in the dev community, and almost everyone shared the same concern: there's no sustainable funding for critical OSS maintenance, and without it the modern world runs on an increasingly fragile foundation. I have personal experience with university endowments, and at some point noticed that the open source world is remarkably similar to a top research universi…

The FAQ, under "How can OSE evolve in the long term, especially in an AI-powered world?" appears to state a very pro-AI view. I think this is hopelessly naive. The LLMs crapping out code are shamelessly ripping off open source code, sans copyright notice. It makes no sense for a foundation supporting open source to also support this massive copyright massacre. Also, I think you're going to get flooded with requests t…

The curl guy is one of OSE founding donors, together with the terraform guy who recently released an open source trust management system to help with AI-generated crap: https://github.com/mitchellh/vouch

I think that AI eventually will solve technical maintenance problems, but not human-related ones: limited attention, trust, motivation issues. And we are going to support mostly "old" projects everybody relies on, not some new AI-gen stuff.

Re: Open Source Endowment – new funding source for open source maintainers

#43
post #40

Earlier quoted context omitted.

There are many existing projects like this, I'm not going to pick the one started by a former VC Ask if those have not changed things, why would a VC run thing make things better? The last 2 decades have shown us what VC centeredness has brought us

Can you point out some existing ones with traction? I'm looking more at the list of people who are on board with it ("Trusted by open source creators" section) than who is actually running it, which I think is more important to get buy in than whoever is pulling admin strings in the back.

> Can you point out some existing ones with traction?

That's kind of the point, there are none. The question is why? If people cannot even click a button to support when it's right there...

I don't think people coming out of the VC world are going to fix it, call me cynical if you like

Re: Open Source Endowment – new funding source for open source maintainers

#44
Something I’ve been curious about for a while is why more universities don’t get involved in sponsoring critical projects. In theory it could provide an interesting non-academic path for students and professors and, as you’ve pointed out, the funding model of the U would make sense here.

I’m curious… would you consider having a “faculty” of “tenured” maintainers who receive livable funding and support based on a history of significant contribution? I could imagine something like “named chairs” and professorships you see for some tenured folks in academia. This could be useful for key project leaders, and contributors. In addition, any kind of function to train and develop the next generation of maintainers?

Re: Open Source Endowment – new funding source for open source maintainers

#45
post #20

Earlier quoted context omitted.

We discussed this prior to launch, and obviously decided to launch as you see it. :) Our reasoning was that a) standardizing on GitHub URLs makes it easier to do automated analysis as part of the funding model, and b) any project important enough to matter will have at least a GitHub mirror. If you have counter-examples to (b), please comment them on GitHub (see what I did there?) or here and I will copy/paste for yo…

They haven't pulled the plug on github yet , but my understanding is that Gentoo intends to drop it long term. In general, I would expect any of the projects that leave GH because they want to avoid being used to train AI would avoid leaving even a mirror behind (since that would defeat the point). (This is not intended as a value judgement, just saying that there exist projects that are doing this)

Thanks, noted at https://github.com/osendowment/endowment.dev/issues/34#issue...

Re: Open Source Endowment – new funding source for open source maintainers

#46
post #12
post #10

Earlier quoted context omitted.

How is this different than something like https://opencollective.com (which, for example, Actual Budget uses: https://opencollective.com/actual )

Open Collective (OC) is great! It's primarily a payments platform. Open Source Collective (OSC, which is related to OC in convoluted ways I don't fully understand) is a fiscal sponsor of OSS projects, and is also great. :^) Open Source Endowment (OSE), on the other hand, is a pile of money that earns interest that then gets distributed to OSS projects. So conceptually some projects either fiscally hosted by OSC or us…

Good on ya.

I work on a nonprofit platform that isn't "critical infrastructure," compared to a lot of stuff, so I'd likely not seek funding, in order to avoid stealing oxygen from the lone maintainer in Nebraska.

Re: Open Source Endowment – new funding source for open source maintainers

#47
post #38

Earlier quoted context omitted.

Consider this as a nonprofit startup that has just raised a pre-seed round. The current size of $700K is indeed immaterial, as our plan is to scale it significantly in the coming years. The closest real-world comparable to what we are building is the Wikimedia Endowment, whose former Director is among OSE’s advisors. Like Wikimedia, we aim to be supported not only by large donations but also by contributions from lar…

What is a preseed round? You guys don't "make" money when the ROI is primarily about funding long term maintenance of open source projects.

"Preseed round" is just the small funding when the project is a very early stage. We expect to raise more funding when the endowment matures. There is no ROI, it is a pure charity.

Re: Open Source Endowment – new funding source for open source maintainers

#48
post #40

Earlier quoted context omitted.

Can you point out some existing ones with traction? I'm looking more at the list of people who are on board with it ("Trusted by open source creators" section) than who is actually running it, which I think is more important to get buy in than whoever is pulling admin strings in the back.

> Can you point out some existing ones with traction? That's kind of the point, there are none. The question is why? If people cannot even click a button to support when it's right there... I don't think people coming out of the VC world are going to fix it, call me cynical if you like

You said: "There are many existing projects like this", directly followed by "That's kind of the point, there are none." when asked for an example. Which one is it?

It's seems like a pretty thankless fundraising job but one where having connections to companies, banks and experience with distributing funds comes in handy. What's in it for a VC? I'd assume incoming deal flow and connections to new open source companies.

Seems more promising to me than a technical open source maintainer stepping up to do it on the side. But time will tell.

Re: Open Source Endowment – new funding source for open source maintainers

#49

Earlier quoted context omitted.

Consider this as a nonprofit startup that has just raised a pre-seed round. The current size of $700K is indeed immaterial, as our plan is to scale it significantly in the coming years. The closest real-world comparable to what we are building is the Wikimedia Endowment, whose former Director is among OSE’s advisors. Like Wikimedia, we aim to be supported not only by large donations but also by contributions from lar…

Running a non-profit with the mentality of SV, what could go wrong? Definitely something I will actively avoid after parent comment

What are your specific concerns?

By the way, only 1 out of 6 core team members is based in SV.

Re: Open Source Endowment – new funding source for open source maintainers

#50

Over the last few years I've talked with hundreds of people in the dev community, and almost everyone shared the same concern: there's no sustainable funding for critical OSS maintenance, and without it the modern world runs on an increasingly fragile foundation. I have personal experience with university endowments, and at some point noticed that the open source world is remarkably similar to a top research universi…

lets try something new

Putting capitalists in the middle doesn't seem new, more like another place they can extract a slice of the pie.
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