Mastodonsocial network decentralized microblogging that rivals Twitter has turned down more than five investment offers from US venture capital firms in recent months to keep its commitment to remaining a nonprofit platform.
German software developer Eugen Rochko, who founded Mastodon in 2016, accepted the award for the ‘Financial Times’. offers investors based United States of America injecting “hundreds of thousands of dollars” into product support, after the social network’s rapid growth due to the arrival of users from Twitter following its acquisition by Elon Musk.
However, Rochko defended this. Maintaining the status of a nonprofit network was “untouchable”He added that Mastodon’s independence and his choice of moderation styles on his servers are part of his appeal.
“Mastodon won’t be everything you hate about Twitter,” Rochko said. “It could be sold to a controversial billionaire, shut down, bankrupt, etc. [entre las plataformas]”, apostille
Rochko is the sole shareholder of Mastodon and according to the 2021 annual report, last year she paid him a salary of 2,400 euros a month, which has since increased by 500 euros.
Like this, Mastodon will continue to rely on donations to fund the platform. The site has more than 8,500 customers on Patreon.