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pylapp

Open Collective shutting down at the end of 2024 year? (self.opensource)

submitted 8 months ago* (last edited 8 months ago) by pylapp to c/opensource

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“It is with a heavy heart that I'm writing today to inform you that the Board of Directors of the Open Collective Foundation (OCF) has made the difficult decision to dissolve OCF, effective December 31, 2024”.

More details in the hyperlink below.

https://daniel-lange.com/archives/186-Opencollective-shutting-down.html

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[–] Kissaki 4 points 8 months ago

We are beginning a staged dissolution process that will allow our over 600 collectives the time to close or transition their work. Dissolving OCF will take many months, and involves settling all liabilities while spending down all funds in a legally compliant manner.

And it's not sustainable?

Open collective always looked successful, popular, sustainable, professional.

Really unfortunate for those 600. March 15 is very short term.

March 15 is the last day to accept donations. You will have until September 30 to work with us to develop and implement a plan to spend down the money in your fund.