Aug. 7th, 2013

thewayne: (Cyranose)
It only took six years. The project is headed up by two former Netscape employees who, with their wife's blessings, quit their jobs to work on this full time. They're developing all the hardware and software, and applied for tax-exempt status with the IRS.

It took six years to get it. They were caught up in the IRS problems from earlier this year. Turns out there's 200 employees responsible for vetting 60,000 501(c) applications every year, and they take close scrutiny with software projects like this. The issue is that they see a lot of people spin off big development projects into tax-exempt shelters, develop the code, then sell it. The delay is understandable and unfortunate, but fortunately this project survived.

http://www.wired.com/wiredenterprise/2013/08/osdv/all/

June 2025

S M T W T F S
123456 7
891011121314
15161718192021
22232425262728
2930     

Most Popular Tags

Style Credit

Expand Cut Tags

No cut tags
Page generated Jun. 7th, 2025 09:26 pm
Powered by Dreamwidth Studios