Found it interesting they've lost status as a non-profit for tax exemption in Germany, and now establish a non-profit in the US for attracting investors while dev and ops remain in a German gGmbH.
My understanding is that the non-profit in the US exists exclusively to handle fundraising from US donors who might not be able to give to non-US organizations for tax reasons.
I am stepping down as the CEO of Mastodon
81–90 of 497 posts
Re: I am stepping down as the CEO of Mastodon
#82Re: I am stepping down as the CEO of Mastodon
#83Earlier quoted context omitted.
Damn, where is Mastodon getting €1M from? Also where do you get from that you can't retire with €1M. It seems very feasible as long as you keep a frugal lifestyle.
Why is retiring mentioned? Most jobs pay zero when you leave so 1M is cool.
Re: I am stepping down as the CEO of Mastodon
#84Earlier quoted context omitted.
Damn, where is Mastodon getting €1M from? Also where do you get from that you can't retire with €1M. It seems very feasible as long as you keep a frugal lifestyle.
€1M would not even cover the property tax to retire in the cheapest bay area home.
Re: I am stepping down as the CEO of Mastodon
#85Fantastic! Now he's not there to block progress [0], can we remove Mastodon's intentional DDoS please and just include the link preview in the toot . Add a disclaimer on the UI saying "link preview comes from toot" if it makes you happy. Then Mastodon can be a good web citizen and not a force for evil. It's only been an open problem for 7 years. Nothing in the grand scheme of things. [0] https://github.com/mastodon/m…
Re: I am stepping down as the CEO of Mastodon
#86Fantastic! Now he's not there to block progress [0], can we remove Mastodon's intentional DDoS please and just include the link preview in the toot . Add a disclaimer on the UI saying "link preview comes from toot" if it makes you happy. Then Mastodon can be a good web citizen and not a force for evil. It's only been an open problem for 7 years. Nothing in the grand scheme of things. [0] https://github.com/mastodon/m…
There's a nuanced technical discussion about the merits of adding this to Mastodon and whether the effort would really be worth it. Eugen made some reasonable points against it.
But instead of engaging with the discussion in good faith, people like you automatically assume the worst intentions and claim Eugen personally is "blocking progress" like there's some grand conspiracy (Instead of the much more boring reality of limited dev time and having to prioritize things).
Re: I am stepping down as the CEO of Mastodon
#87Earlier quoted context omitted.
Still enough to have a good lil nest egg that generates okay-ish passive income if invested correctly. @ 4% that's €40k/year more than what most regular people have
Does he not have to pay taxes on that 1m euros in the eu?
Re: I am stepping down as the CEO of Mastodon
#88Re: I am stepping down as the CEO of Mastodon
#89Godspeed, John Mastodon
Haha, you might have slexdyia.
(I read it the same way, too.)
(¹I personally have a browser override for HN's tiny font choice; I thought that 12pt was the universally agreed upon "base text" point size, and "10pt" was "small text", but HN's "normal" is 9pt.)
Re: I am stepping down as the CEO of Mastodon
#90Earlier quoted context omitted.
Still enough to have a good lil nest egg that generates okay-ish passive income if invested correctly. @ 4% that's €40k/year more than what most regular people have
Does he not have to pay taxes on that 1m euros in the eu?