quoting...
The FAQ:
So who would actually own it? / If the funding is successful, who will really own the company? / Can you comment on who inherits this asset?/ What will happen in 2 or 3 years if you want to leave?
We’ll be setting up an LLC with the current writers and editors as the managers. Then we’ll go for non-profit 501(c)(3) status. If I die or leave in two or three years, Hackaday will still have other editors and writers.
...
If this is funded, what’s stopping you from buying Hackaday, then selling it and keeping the money?
With non-profit status, this would require the agreement of all the writers and editors of Hackaday. That’s simply not going to happen. The same could also be said if Jason sells to someone else. At least with this plan there’s some accountability.
