Tag: open collective

  • Open Collective Launches New Way to Support Open Source through Public Stock Shares

    Open Collective Launches New Way to Support Open Source through Public Stock Shares

    It’s no secret that companies are making loads of cash using open source technology. A 2021 survey of 1,250 IT leaders commissioned by Red Hat found that 90% are using enterprise open source software. Following the trail of major acquisitions (Red Hat at $34B, GitHub at $7.5B, and MuleSoft $6.5B), it’s becoming more common to…

  • FOSS Responders Group Brings Financial Help to Open Source Ecosystem Affected by COVID-19

    FOSS Responders Group Brings Financial Help to Open Source Ecosystem Affected by COVID-19

    The pandemic has caused economic hardships and upheaval in nearly every industry. Open source communities and contributors have been affected in a myriad of ways – whether it’s a loss of donations, the burden of nonrefundable travel expenses for canceled conferences, or severely diminished business and fundraising opportunities. FOSS Responders is a working group of…

  • New BackYourStack Tool Drives Financial Support for Open Source Projects

    New BackYourStack Tool Drives Financial Support for Open Source Projects

    Open Collective launched in 2017 as a new organization that helps groups raise funds and manage them transparently. The service is now widely used by many open source projects. Webpack, one of the first major Open Collective success stories, was able to fund its first full-time developer through the service and is now operating on…

  • How the San Francisco WordPress Meetup is Using Open Collective to Fund Activities

    How the San Francisco WordPress Meetup is Using Open Collective to Fund Activities

    In 2016, WordPress meetups had the fastest growth the community has seen in five or six years with more than 62,566 people attending in 58 different countries. Meetups are the seeds of future WordCamps. These local gatherings help users further their WordPress skills and underpin the community’s growth across the globe. Funding a local meetup…

  • Open Collective is a New, Transparent Way to Fund Open Source Projects

    Open Collective is a New, Transparent Way to Fund Open Source Projects

    Open Collective is a new service that aims to make it easy for individuals, groups, and organizations to raise money in a transparent way. Although many projects have communities ready to offer financial support, the paperwork, taxes, and accounting involved in collecting money under the proper legal entity can be a nearly insurmountable hurdle. “So…