Quincy Larson
👤 PersonAppearances Over Time
Podcast Appearances
Or you need to have a family business that's passed down generation to generation where no single generation screws up. or sells it to private equity or something like that, right?
Or you need to have a family business that's passed down generation to generation where no single generation screws up. or sells it to private equity or something like that, right?
So I know this is about open source, this podcast, but I will talk about sustainability because I genuinely believe that if you are listening to this and you want to create an organization that is going to sustain itself long-term, you should probably do like a family type business or you should probably do a charity where there's no ownership.
So I know this is about open source, this podcast, but I will talk about sustainability because I genuinely believe that if you are listening to this and you want to create an organization that is going to sustain itself long-term, you should probably do like a family type business or you should probably do a charity where there's no ownership.
And everybody's just invested in the mission and sustaining it. Like a charity can't, like I can't sell Free Code Camp to some giant education corporation, right? Like only a charity can acquire a charity. And there's no incentive for me. I don't own any stock in Free Code Camp. I could just give it to better owners.
And everybody's just invested in the mission and sustaining it. Like a charity can't, like I can't sell Free Code Camp to some giant education corporation, right? Like only a charity can acquire a charity. And there's no incentive for me. I don't own any stock in Free Code Camp. I could just give it to better owners.
But when would I trust somebody to run it better than I trust myself or somebody else on my team, right?
But when would I trust somebody to run it better than I trust myself or somebody else on my team, right?
That stuff is technically legal, but any charity will look down on it. What they're doing is kind of a shame. And what edX did, where they sold to, I think, Chegg or one of the big capital... I can't remember. edX was an open source platform that was technically a charity that was founded by Harvard and MIT. They both put in... Both universities put in $60 million to found it.
That stuff is technically legal, but any charity will look down on it. What they're doing is kind of a shame. And what edX did, where they sold to, I think, Chegg or one of the big capital... I can't remember. edX was an open source platform that was technically a charity that was founded by Harvard and MIT. They both put in... Both universities put in $60 million to found it.
And they paid the CEO millions of dollars and stuff like that. That was technically a charity. So yes, it is certainly possible that you can convert a charity to a for-profit entity. But if you're optimizing around going long, you would never do that.
And they paid the CEO millions of dollars and stuff like that. That was technically a charity. So yes, it is certainly possible that you can convert a charity to a for-profit entity. But if you're optimizing around going long, you would never do that.
No, no, no. It's worth noting that there have been historic instances of charities flipping.
No, no, no. It's worth noting that there have been historic instances of charities flipping.
I mean, the core curriculum is thousands of hours long.
I mean, the core curriculum is thousands of hours long.
I mean, probably like 18 months. If you're studying like 20, 20 hours a week, part-time year and a half, you could get through that.
I mean, probably like 18 months. If you're studying like 20, 20 hours a week, part-time year and a half, you could get through that.
Absolutely. And, uh, I've been pretty like, we don't really
Absolutely. And, uh, I've been pretty like, we don't really