It is more important than ever that the social web is not controlled by corporations. Today, Mastodon is taking another step towards its founding ideals: independence and non-profit ownership. We're transferring ownership of key assets to a new European not-for-profit entity, ensuring our mission remains true to a decentralised social web, not corporate control.
Sure. But at the end of the day, economics is just a big game of resource allocation. 5M€ can get you quite a long way, and I’m wondering if we could have better use of those resources than by putting it on Mastodon.
Can it? Because I wouldn’t try to run a social media company with less than that. It’s kind of shocking they make do with a tenth of it. Which I guess is helped by being staffed by the equivalent of a mid-sized McDonalds franchise.
If I was going to spend that much on anything beyond servers and full time employees I would spend it on marketing, though.
Sure. But at the end of the day, economics is just a big game of resource allocation. 5M€ can get you quite a long way, and I’m wondering if we could have better use of those resources than by putting it on Mastodon.
Can it? Because I wouldn’t try to run a social media company with less than that. It’s kind of shocking they make do with a tenth of it. Which I guess is helped by being staffed by the equivalent of a mid-sized McDonalds franchise.
If I was going to spend that much on anything beyond servers and full time employees I would spend it on marketing, though.