this post was submitted on 02 May 2024
0 points (NaN% liked)

Open Source

30218 readers
368 users here now

All about open source! Feel free to ask questions, and share news, and interesting stuff!

Useful Links

Rules

Related Communities

Community icon from opensource.org, but we are not affiliated with them.

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 0 points 4 months ago* (last edited 4 months ago) (1 children)

Do they say anywhere how they’re funded? Couldn’t really find anything on the FUTO page…

[–] [email protected] 0 points 4 months ago

Uhhh so I copied the part from their website that tries to answer your question and now my clipboard seems to include an invisible link to some scummy sounding website. So either I have to nuke my smartphone (and another system I tested this on) or this just got a whole lot sketchier.

That organization is FUTO, founded in 2021 by 18-year Silicon Valley veteran, programmer/founder of Yahoo! Games, and WhatsApp seed investor Eron Wolf.

https://www.high-endrolex.com/26

Through a combination of in-house engineering projects, targeted investments, generous grants, and multi-media public education efforts, we will free technology from the control of the few and recreate the spirit of freedom, innovation, and self-reliance that underpinned the American tech industry only a few decades ago.

FUTO is not reliant on any existing tech company or venture capital firm for its funding. We are not expecting quick profits.

Source: https://futo.org/what-is-futo/