"the company looked at the history of social media over the past decade and didn’t like what it saw… existing companies that are only model motivated by profit and just insane user growth, and are willing to tolerate and amplify really toxic content because it looks like engagement… "

  • Nachorella@lemmy.sdf.org
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    1 year ago

    I may be wrong but I thought they were majority user funded.

    edit: looking at their funding reports it seems that way, but I may be misinterpreting it.

        • IAm_A_Complete_Idiot@sh.itjust.works
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          1 year ago

          I just checked their financial report for 2022 and it looks like 50% came from patron funding (which looks like entirely companies like Google), 5% from epics grant, and then 10% corporate membership. 20% came from individuals, and the rest from random other miscellaneous things like the blender market. If you search blender foundation annual report 2022, the finances breakdown will be near the end of the slides.