About ERICI
ERICI is a non-commercial initiative in its founding phase. It is not yet a legal entity, sells nothing and charges no fees.
About ERICI
ERICI is a non-commercial initiative in its founding phase. It is not yet a legal entity, sells nothing and charges no fees.
The random dude is not looking for funding.
it means not intended with the purpose to make money from it
founding doesn't always imply. a startup-like process of selling stock (or similar) to investors which in turn want some profit from it long term
it can also mean looking for donations to found a project, i.e. cover it's costs
but also not every non-commercial project ends like that, most do not
and even in case of OpenAI especially the larger donators could have sued, and had a decent chance of success. They just didn't (at least not until years later when the legal time frame to sue had been long passed).
naturally when you plan to make a large donation you should
- look at the exact used legal form
- if there are legally binding self imposed limitations
- if they are reasonably well formulated
- decide what you actually want from this donation, and when you think there was a breach of donation use-case binding (probably not the right English term)
- lastly vet the people in leading executive positions
in the end large donations are always a bit of an gamble, but what isn't