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2071 points JustSkyfall | 1 comments | | HN request time: 0.22s | source
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fn-mote ◴[] No.45284378[source]
I was ready to be unsympathetic - too bad for the company - but then I read TFA and it's a rug pull on a nonprofit teaching coding to kids....

https://hackclub.com/

(They do help clubs sell things, taking "7% of income", so they do have a revenue stream, but the money that Slack wants would pay a veritable army of student interns.)

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aramsh ◴[] No.45284762[source]
FYI Hack Club helps fiscally sponsor organizations that do not have the capacity to apply for nonprofit status (https://hackclub.com/fiscal-sponsorship/). The 7% income covers dev fees for lawyers, engineers and a bunch of other stuff to help it kept running.
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1. michabyte ◴[] No.45289125[source]
Hi, Hack Clubber here. Fun fact: The 7% does not completely cover the cost of running a fiscal sponsorship program like HCB! That fee does not make HCB a net positive product to run in terms of cost. It just helps offset it a little.