Open Collective
Open Collective is a crowdfunding platform focused on grassroots groups. It enables organizations, communities, and projects to get a legal status and raise funding through subscription or one time payment. It's particularly favoured by open source projects.[1] It currently hosts funding for thousands of open-source communities.[2]
History
[edit | edit source]Open Collective was created by Storify cofounder Xavier Damman, Democracy Earth's Pia Mancini, and former Dropbox product manager Aseem Sood. It is a venture capital-funded tech startup—owned by founders, investors, and employees—with an obligation to make returns.[2]
Projects with corporate support tend to rack up higher financing than donation projects led by individuals.[3]
Open Collective Foundation, distinct from the Open Collective platform, announced the dissolution of its fiscal sponsorship program by the end of 2024.[4]
References
[edit | edit source]- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ a b Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).
- ^ Lua error in Module:Citation/CS1/Configuration at line 2172: attempt to index field '?' (a nil value).