Date: Sat, 14 Nov 1998 13:22:57 -0800 From: David Greenman <dg@root.com> To: Mike Smith <mike@smith.net.au> Cc: Kirk Fort <kirk@patrohn.com>, chat@FreeBSD.ORG Subject: Re: FreeBSD finances Message-ID: <199811142122.NAA18823@root.com> In-Reply-To: Your message of "Sat, 14 Nov 1998 13:08:38 PST." <199811142108.NAA07371@dingo.cdrom.com>
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>> I don't have an specific interest (I'm not an IRS agent, if thats what >> you mean), but I here that WC gives freebsd all the profits from te >> sale of the CDs. > >I don't know where you heard this, but this isn't the case. A couple of comments... First, Business 101: There is a very big difference between gross sales and profit, especially when the cost of the raw materials (the CDROMs in this case) is a very small part of the costs to run the business. Second, I believe there is a committment for the complete profits of FreeBSD 3.0 to go to fund various FreeBSD related things, not the least of which is advertising/promotion. Talk to Jordan about that. >> incorporated. Correct my if I am wrong, as I am not a business lawyer, >> but don't corporations have shares of stock, whether public or >> private? I guess that JKH has all the shares, and that is fine. I was >> curious because I see alot about FreeBSD's development model, but >> nothing about its business model. I was a minority share holder (45%), but decided to give that up due to tax complications. Jordan is now a 100% share holder. ...not that it really matters since the amount of money involved is so small. -DG David Greenman Co-founder/Principal Architect, The FreeBSD Project To Unsubscribe: send mail to majordomo@FreeBSD.org with "unsubscribe freebsd-chat" in the body of the message
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