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ushakov
on May 23, 2022
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Ghost 5.0
i'm wondering if they're operating as non-profit how do they spend the surplus funds? give out to employees?
johnonolan
on May 23, 2022
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100% of profit is reinvested each year and carried forward toward future investments in the product and the team
ushakov
on May 23, 2022
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parent
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thanks for the response! that's seems like a great way to run an open-source company (and also scare potential VCs!)
coldtea
on May 24, 2022
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root
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parent
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Are VCs even a thing for non-profits?
alberth
on May 24, 2022
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Yep,
https://ghost.org/help/funding/
coldtea
on May 24, 2022
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"Yep" in what sense? The link refutes a "yep" answer. It shows one VC interested in funding them, and they answer to him:
"But we're a non-profit org with no share capital, making FOSS. So there's nothing to invest in :)"
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