Would be interesting to know the salary of the board will be in the future. It looks and smells like a cash grab to benefit those at the top with cushy jobs to be a pseudo VC under the guide of giving "grants".
If they were being honest with themselves, they would donate the entirety to the EFF instead of this bullshit maneuver.
Just to add, even if they dont get a salary at all (I would be shocked), the responsible thing for them to do would be to give the money away to the EFF or another org who knows how to best put the money to use.
The idea we are entrusting a group thats financial statement going back the past few years show just 5k-10k in assets with a 100 million dollar windfall is insane. If they dont fuck it all up within the first 6 months I will be shocked. More likely though will be some lawsuits which delays any use of the funds.
If they were being honest with themselves, they would donate the entirety to the EFF instead of this bullshit maneuver.
Just to add, even if they dont get a salary at all (I would be shocked), the responsible thing for them to do would be to give the money away to the EFF or another org who knows how to best put the money to use.
The idea we are entrusting a group thats financial statement going back the past few years show just 5k-10k in assets with a 100 million dollar windfall is insane. If they dont fuck it all up within the first 6 months I will be shocked. More likely though will be some lawsuits which delays any use of the funds.