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Linux Foundation now spends only 2% of their revenue on Linux.
The Linux Foundation has released their 2023 Annual Report... and it is an absolute doozy.
The first big headline?
As of 2023, The Linux Foundation now spends just 2% -- that's two percent -- of their revenue on their namesake: The Linux Kernel.
"Ask yourself this: If there is a foundation named after a specific thing... what percentage of that foundation's revenue would you expect to be spent on said thing?
Let's say... "Save the Orange Trees Foundation". How much of their revenue should be spent on, you know, orange trees? 100%? 50%? 10%?
If "Save the Orange Trees" only spent 2% on "saving Orange Trees"... would you think that something was amis? Of course you would. And you would quickly wonder what non-Orange-Tree related things that foundation is funding.
With that in mind, let's look at Linux Foundaiton funding of Linux... compared to their investments in "Blockchains" and "Artificial Intelligence".
https://lunduke.locals.com/post/5049241/linux-foundation-now-spends-only-2-of-their-revenue-on-linux
https://lunduke.locals.com/post/5049241/linux-foundation-now-spends-only-2-of-their-revenue-on-linux
2023-12-28 · 5 months ago · 👍 Nono, hellfire103 · 🙁 2
🚀 Minko_Ikana [OP] · Dec 28 at 13:47:
Seating M$ employees on the Foundation's board not such a good idea, eh?
☕️ hellfire103 · Dec 28 at 14:17:
Aw shit. Let's hope that either Linux comes to its senses, or that BSD becomes just a little more user friendly.
🚀 Minko_Ikana [OP] · Dec 28 at 17:23:
@hellfire103, Yeah I have been on a personal campaign to pull people away from MS because I hate them with a passion, and all the while the very foundation it's self is sabotaging their own product. And the question is even bigger...
Linux : 2%
Blockchain : 4%
A.I. : 12%
So this is 18% right? Where is the other 82% going? Administration? MS dev to steal Linux?
🚀 Minko_Ikana [OP] · Dec 28 at 18:40:
Here is one for you... They are based in Oregon U.S.A. In the States a non profit can only spend I think 28% on anything "other" than the intended non-profit goal and intentions. All but that 28% MUST be proven to be spent on your claimed non-profit CAUSE. In this case LINUX.
So they are already guilty of fraud and tax evasion by U.S. IRS Laws.
https://www.linuxfoundation.org/legal/bylaws
Most modern 'charitable organizations' are a tax avoidance scam.
😎 flipperzero · Dec 31 at 19:37:
Is the Linux foundation a legitimized governing body over the development of the linux kernel, or is it an unrelated advocacy group which also employs linus to act as spokesperson for their apparent posturing over future potential lucrative ventures? Does linus know?!?!?!