Dragoneer is the pinnacle of fiduciary responsibility (not)

[Pi]

<Dragoneer> Just got an e-mail, "Thanks for making a payment! Congratulations! We've lowered your credit limit!" Yeah, that... thanks.
<Dragoneer> Credit limited was cut by $2,300. On the card that I use to pay for FA. I don't have a credit balance left to pay for FA. Ass!
<Dragoneer> I dropped another $1,000 on the card. Hopefully, the payment goes through before FA's does. LOL. THANK YOU, MASTERCARD!
<Dragoneer> Well, there goes my FWA trip. :|

in before moneybegging

[SquareMoogle]

<Dragoneer> Just got an e-mail, "Thanks for making a payment! Congratulations! We've lowered your credit limit!" Yeah, that... thanks.
<Dragoneer> Credit limited was cut by $2,300. On the card that I use to pay for FA. I don't have a credit balance left to pay for FA. Ass!
<Dragoneer> I dropped another $1,000 on the card. Hopefully, the payment goes through before FA's does. LOL. THANK YOU, MASTERCARD!
<Dragoneer> Well, there goes my FWA trip. :|

in before moneybegging

these are hard times, nobody wants to pay for their pictures of animalpeople doing it

[nrr]

Just out of curiosity, if someone were to pay you $50,000 in cash to buy out your interest in FA, would you go for it? This is totally not a joke. by StamenWhiskers

Uh, for only $50K? That's not a big offer at all. =P So yeah, I'd have to say no to that.

Hmm, OK.

[ProvincialTwit]

Hahahahaha.  "My Internet Blowjob status as owner/head of FA is worth more than I will ever make as an annual salary at a real job"

[nrr]

If you won't let FA go for $50,000, where would you peg your preferred offer? by StamenWhiskers

Look, you can't afford FA. You can't. Why? Because whatever offer you'd make to me you'd have to make to each and every staff member on this website.

I'm not like other furry guys - I'm not here to take all the credit from my staff to boost my appeal, I'm not here to profit where they won't. Maybe you're looking for Certain Other Popular Furries(tm).

Whatever offer you'd make to me you'd have to make to every other admin, mod and coder.

I actually don't see the point of making the same offer to people who have no equitable stake in FA.

[Pi]

Whatever offer you'd make to me you'd have to make to every other admin, mod and coder.

WHAT? No, Princess Piche. You don't get to say that until you start paying your admins, mods, and coders.

[GreenReaper]

If he had been paying them, he would be "in the right" to take the money. The point is that they have some moral equity in the site, even if it is not represented legally - therefore if he's offered consideration, they should be too.

Taking all the money would be like me selling WikiFur for $62,000 (yeah, right . . .) and leaving the other contributors with nothing. This actually happened once and most people thought the guy was a dick even before they found out how much he made - especially after the donations he'd been given.

When you run a community fan-site, there's usually an understanding that nobody directly profits from it financially. That's why "staff" are willing to put in the effort that they do. If you paid them, they'd probably be less willing to work, because there's no way you could pay them what their time is worth.

[nrr]

If he had been paying them, he would be "in the right" to take the money. The point is that they have some moral equity in the site, even if it is not represented legally - therefore if he's offered consideration, they should be too.

Moral equity or otherwise, that really has no standing at all with respect to a possible business deal.  I will concede on the fact that it would be a dick move for Mr. Piche to accept such an offer without considering anyone with moral equity stake in FA, but as far as the business transaction is concerned, the real shareholders are those who have a legally recognized equity stake.  Full stop.  End of story.

Taking all the money would be like me selling WikiFur for $62,000 (yeah, right . . .) and leaving the other contributors with nothing. This actually happened once and most people thought the guy was a dick even before they found out how much he made - especially after the donations he'd been given.

... not exactly.  FA is currently run by Ferrox Art, LLC, which is, technically, a for-profit entity as far as the law is concerned, even if Ferrox Art are only taking advantage of the LLC for indemnification purposes today.  This ultimately means that, hey, the folks listed in the articles of incorporation or those who have stock issued to them and stamped with the corporate seal are the ones who matter in the grand scheme of things.  Moreover, donations are not tax-deductible, and moral equity is a complete non-issue.

To boot, it doesn't appear that FA's management are considering applying for 501(c)(3) or similar status; there's talk of opening a print shop for the userbase.

I will reiterate here: Yes, it is a dick move to take a payoff here, and Mr. Piche is only playing nice by not taking the $50,000 offer.  That said, if you donate time and energy to a legally for-profit company, don't expect any rights.  Don't cry when all of your work goes for naught.  Nobody will care.

When you run a community fan-site, there's usually an understanding that nobody directly profits from it financially. That's why "staff" are willing to put in the effort that they do. If you paid them, they'd probably be less willing to work, because there's no way you could pay them what their time is worth.

... unless you're profitable, a quality that FA definitely can have one day.

[LordNagetiere]

I love how virtually every furry business either runs off porn revenues (directly or indirectly) or panhandling.