Wikipedia Financial Crisis

For a variety of free online services, such as Wikipedia, we have always taken it for granted. At the same time, we believe that they are maintained by selfless volunteers. Therefore, they will never be financially embarrassed, but in fact, services like Wikipedia still need to pay for huge servers, storage, power, and repairs.

Since the last Wikipedia founder Jim Wales called for donations to Wikipedia, Wales also called on advertisers to buy ads on the content pages of those users a few days ago.

 

Recently, investors in the New York Times began to restrict some investment in non-profit and educational institutions, which fully demonstrates that in the current economic crisis, the Internet micro-environment cannot be alone. It is worth mentioning that 28% of Wikipedia's investment comes from the Sloan fund.

PBS Frontline's national documentary program and its website are supported by nonprofit funds, including the John D., Catherine T. MacArthur fund, Park fund, and Verizon fund. Without the support of these funds, I do not know how long such a project will last.

Imagine what the financial source Wikipedia depends on if the Sloan fund has invested in Madoff and become a victim. Motorola's price strategist Al Lee believes that, in general, things provided free of charge are very fragile in terms of durability.

Source: http://www.informationweek.com/blog/main/archives/2009/04/wikipedia_at_ri.html;jsessionid=SZ4AVVNMOMVM0QSNDLPSKH0CJUNN2JVN
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