I am happy to reveal that a non-profit legal entity for Mastodon, Mastodon gGmbH, is in the process of being entered into the German company register.
For context, I have been operating as a sole proprietor so far.
It's been in the works for 8 months but I didn't want to announce anything until everything was finalized just in case it didn't work out. Yesterday, I paid in the starting capital.
It wouldn't be possible without the help and advice of @mellifluousbox. More to follow in blog form.
@uniq @lucas @BollerwagenPicard most importantly: managing risk. If you do everything with your private money, you are liable with all your private money. In contrast, a (g)GmbH is liable only up to its share capital (basically the money the company "owns", the share capital of a (g)GmbH is at least 25 k€), so your personal ability to survive (, house, car, yacht) is not on the line. GmbH is basically comparable to LLC or Ltd in anglophone countries.
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