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Re: Question about forum finances (again, 2017)
by
theymos
on 29/12/2017, 05:48:55 UTC
It seems that income skyrocketed in 2017, but mod payments did not keep up. My understanding is that mod payments should be 25% of income. What happened?

I posted an estimate like that a long time ago, but it was an estimate as of that time, not a guaranteed amount. The mod payments algorithm has never taken forum income into account whatsoever, and you can see that in 2015 and 2016 it was much higher than 25%.

The increased-value reserve and massive 2017 income (which may well have been just a weird temporary trend) came pretty suddenly. I'm not sure yet how best to handle it. I've been thinking of maybe allocating some of the money toward creating a registered non-profit which would have a similar mission as the forum, but would focus more on things like free-speech legal battles and the development of true decentralized forum software. I also need to figure out ways of delegating more, since I am absolutely swamped as things are right now. Perhaps I could hire someone with a business degree or something who can act more like a proper CEO. Suggestions publicly or via PM are welcome, but please focus more on structural improvements rather than lists of things to throw money at. This has already been the case to a large extent, but especially now, the limiting factor is mostly time/people/skill/trust rather than money.