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cookmeplox | 1 year ago

We're already turning a profit! And there are no third-party investors (or debt) – it's all controlled by wiki people[1]

[1] https://meta.weirdgloop.org/w/Weird_Gloop_Limited

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diggan|1 year ago

Aw, I take that as it is in fact a for-profit company already.

Regardless, I wish you luck for the future! May you not go down the almost inevitable enshittification hole.

robotnikman|1 year ago

At least it is a private company though, meaning they are are required to make constant year over year gains for shareholders and investors. They have much more control over where the company goes and how it operates.

adw|1 year ago

It’s a company limited by guarantee, which is the structure you use in the UK for non-charity non-profits.

cinntaile|1 year ago

If it started that way, I'd say it's less likely to end up "bad". Compared to non-profit websites that get sold to ad businesses.

Imustaskforhelp|1 year ago

How is it making money?

cookmeplox|1 year ago

We have services agreements with the League of Legends and RuneScape developers, and we run 1 ad (below-the-fold, not in EU/UK) on the RuneScape wikis. This covers all expenses (including 5 staff) by a pretty healthy margin

hiatus|1 year ago

It is described in the linked article.

> The company primarily relies on three streams of revenue: user donations, serving ads on select Weird Gloop wikis, and a contract with Jagex that includes a fee to cover hosting and administration costs.