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- Dec 2021
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what companies want is different than what individuals want companies want an invoice companies want something tax deductible 00:24:34 companies want someone that is um keeping the lights on and that is responsive via email so you really have those obligations and one platform that helps with that is open collective 00:24:47 on open collective you can maybe put that burden of being a fiscal host to the maintainers of open collective they have a 501c6 program for 00:25:00 open source projects that acts as a fiscal host which means they will hand do all the invoicing and they will officially be the maintainers and if you as just an open source 00:25:14 maintainer often or a contributor of that project you want to get money from your project you have to send an invoice to open collective and i think that's the best of both worlds again 00:25:26 because it's very transparent progress a process companies are in the loop and you don't have to deal with all the financial stuff at least not yeah 00:25:39 with with companies
Open Collective offers a valuable service to those organizations which normally fall between the cracks because, for a plurality of reasons, have not formed a normal legal structure. It provides them with the finanicial instruments normally only available to legal entities to accept funding that they normally would not otherwise have access to.
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