How Open Collective moved from a for-profit to a non-profit
summary
Investors lose control and the platform moves into a community legal home, now a 501(c)(6) membership nonprofit after a negotiation that trades brand and some reserves to keep the software and cash. Open Source Collective remains the largest funder — $64M moved, ~2,300 projects supported — and the network totals about $166M raised. Governance runs on a consent-driven decision model requiring 50% engagement, new pricing launches, reliance on one major host is clear and financial sustainability is unresolved.
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chapters (8)
- 0:00Introduction and background
- 1:34What is Open Collective
- 8:56Exit to community concept
- 10:59Crisis and platform uncertainty
- 12:46New nonprofit structure
- 16:59Governance model explained
- 20:32Call for support and next steps
- 21:34Q&A session
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