When you don't need to "maximize shareholder value", you can make "financially irresponsible" decisions like these just because it feels like the right thing to do.
We're donating 5% of our revenue starting last month. That's $842 in January alone!
We will take some time at some point this year to decide the environmental causes and open source projects we will donate to.
@markosaric I have been thinking of something similar, what a nice thing to do. Of course my total for last year was -95 €, so not much to share from that. :D
@nicd thanks! hope it goes better this year!
@markosaric This is fantastic. And as for "We’re thinking of wildlife preservation [snip]" - I like this.
It's been amazing watching @plausible grow. Great work.
@gray thank you Gray, appreciate that!
@markosaric Hmm. And you're one of the successful ones. I see why venture capital exists, now. (Not that this minimises the terrible incentive problems that the whole VC system creates.)
@wizzwizz4 yeah it's not easy if you have bills to pay.
getting funded can definitely help you make your project a success if you for instance don't have savings to live from...
in the short term i don't see many issues with funding, it's the long term that causes conflicts of interest in terms of what's best for the product/users and what's best for investors. these normally are opposite
@markosaric How do you get funding without a long-term commitment?
@wizzwizz4 perhaps go the old fashioned way and get a loan at a bank. don't think short term exists in venture funding
@markosaric @wizzwizz4 Your "local" bank isn't going to give you an unsecured loan for your tech startup.
That's what credit cards are for.
@markosaric I hope some of it goes to accessibility, like Orca development and desktop environment accessibility.
@devinprater thanks! we'll take some time later this year to decide to which projects to donate to
@markosaric Same here on cleanbrowsing. But has been worth it.
@markosaric Wow. This is truly amazing. 5% is a lot. And that's revenue, not profit!
@iooioio thanks! Yeah 5% from gross revenue!
Bootstrapping a startup is tough.
I’m down $27k+ in savings since joining Plausible so please make decisions that work best for your financial situation.
My personal goal this year is to pay my bills and recover the lost savings 🤞