A VC and some big-name programmers are trying to solve open source’s funding problem, permanently

A new initiative called the Open Source Endowment has been launched by a group of prominent open source programmers and a venture capitalist. This effort aims to create a sustainable funding model for open source projects, addressing the ongoing challenges of financial support in the open source community. By establishing a permanent funding source, the initiative seeks to ensure that valuable open source contributions can continue to thrive and be maintained over time. The founders believe that this innovative approach could significantly impact the future of open source software development.

• Launch of the Open Source Endowment by notable programmers and a VC.
• Aims to create a permanent funding solution for open source projects.
• Addresses ongoing financial challenges in the open source community.
• Seeks to ensure the sustainability of valuable open source contributions.
• Could significantly impact the future of open source software development.