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Ask HN: Founding a Foundation (or Not)

3 pointsby ididabout 7 years ago
The gist: MIT licensed project, originally made for a still ongoing publicly funded research project, went wild and attracted a lot of attention &amp; started getting some traction[0], with big names from the industry[1] coming on board and implementing my software in their workflows (link in profile). I&#x27;m now at a crossroad of choosing and setting out the direction of this endeavour: a for profit or non-profit foundation&#x2F;org of some sorts, or both.<p>The dilemma: I think a non-profit most probably will not be able to absorb&#x2F;attract enough funds to properly finance development, or it will come at a big organisational&#x2F;political overhead (many small contributions, with high entitlement). A for profit entity may alienate the goodwill gathered so far and pressure fast profits, whereas my industry[1] is a conservative, stingy, legally-scared bunch that don&#x27;t react well to sudden movements, though are more than happy with &quot;slow and steady&quot; change that they can own[2] first.<p>What to do? Where to look for advice? What&#x27;s the best way for forward?<p>Appendix: The project is successful because:<p>- part of the research problem required operating at scale, therefore it&#x27;s not really write-once, run-once (to the best of my amateurish abilities).<p>- it&#x27;s partly a political solution, not just technical. My industry has no significant OSS that it can rely on, using on mostly 1000&#x2F;yr licensed software developed by a few big companies that strive to rope in more of their data &amp; money.<p>[0] Traction = 200+ strong slack group that&#x27;s rather active; interest, contributions &amp; in-house implementations coming in from some of the biggest names in my industry (see [1] below). [1] Industry = AEC, or architecture, engineering and construction [2] Own = understand, grok, and potentially not pay for, etc.

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