I saw a deal was announced. I assume this is of no interest but if you really want to make sure the "right thing" is done, perhaps you'll consider my thoughts. If I was an arbitrator, these would be my conclusions. Note, the information I have is based upon the very limited knowledge I have of the parties and the issue. However, I do think I have an appreciation for what happened and it's not uncommon.
The deal was announced recently, and all relevant data provided by the new owner (Trevor). He owns both Mohave media and Social Knowledge.
After performing a quick search available to anyone with a web browser, I have no idea how anyone could assume that these two companies are owned by the same persons. They are located in two different states. With regard to Social Knowledge and it's reputation, what exactly is the problem - that they run communities and make a profit? When I started my aquarium I had a very good experience at one of their communities (Aquarium Advice). Unless you can point me to something "evil", I'd say that the community at your enthusiast site seems to be far more dangerous than any community I've seen at Social Knowledge, whose sites are rather well run from personal experience.
1) Currently a few of more well respected member are in negotiation to purchase the forum. Specifically a well liked and respected vendor, which despite his flawless reputation I still find a bit worrying. However, the plan is to have him host the forum until we can establish a joint ownership or non-profit corporations. We implicitly trust him to do the right thing, and his reputation is something I personally will stand behind.
I was curious to see whether the "right thing" was done at the site. Honestly, I'm very disappointed. From a distance, this sounds more like mob mentality that did something which, upon further observation, makes no sense at all and may even further deteriorate any sense of "open source trust" you once had with a "disinterested" owner. It's the rioting in the UK taking place in a virtual space leaving behind carnage. I'll explain.
The new owner of the site has a built in bias as a vendor. I can appreciate the difficult position he's in between being someone who cares about the community and ostensibly about doing the right thing. I don't know him personally, etc. But here's what I saw from
his remarks and those that followed:
Trevor's plan included monetizing the endless-sphere site in such a way that it could generate revenue and thus pay for upkeep and upgrades as well as pay back his investment. There was awareness that this would be offputting to some of the core membership, but he believed that with careful consideration of tasteful advertising and vendor sponsorships it could be made to work to the overall benefit of the community.
What exactly is offputting about this statement? It sounds very reasonable. The expenses of upkeep had to be paid. Is it terrible to allow him to take a small "profit" which represents the work he's done to keep this valuable resource running? What is the "community" concerned with being saved from? From what? From whom? As per the above, it looks like the community was completely wrong about the buyer.
Core members objected to the idea that their content contributed for free in the spirit of sharing ebike knowledge would be used in the context of ad generation to the benefit of unaffiliated companies. Others were upset that the content could have been sold in the first place. Many members were threatening and prepared to delete all of their posts so that their contributed IP could not be commercialized. The reaction grew in intensity, and the discovery of unrelated forums hosted by Trevor's friend did not help.
- Did any core members, such as the latest new owner/member/vendor, strongly insist that nobody should fear since the new owner seemed reasonable and amenable to talking about best steps?
- The members could swear up and down that their IP shouldn't be "commercialized" but who is paying to keep the site up and running? If there is no money coming in, the site goes down.
- So what is the problem - that "unaffiliated" companies might be able to make some money but "affiliated" companies have a free pass? I don't know what this means.
KnightMB who had received the money had disappeared.... Through a flurry of weekend activity, a compromise solution was reached in which Trevor sold the site to Justin_le at a significant loss, under terms in which Justin guarantees the content is not to be used for generating advertising revenue. This transfer has now been completed in full.
So the end result was that the "community" forced a pressure sale:
- The affiliated vendor/new owner: purchased a forum below market value
- The good faith purchaser: took a huge loss without having done anything wrong
- The seller: left the scene with the money and is forgotten
What should be done for the guy (Trevor) who seemed, after reflection, to have good intentions? The mob tore him down quickly and left him with a huge loss.
Let's look at some comments to see what will happen in the aftermath.
Again thank you Justin. It really is an outstanding thing that you have done. As for reimbursement. I'm pretty sure Mr Justin's business will pick up as a result of this. Karma is one lovely lady if you treat her right, and what Justin has done most definitely scored him some points from the ol girl. I know where any of my future ebike needs will be ordered from, that's for sure.
So this was just selfless act with an unforeseen unquantified benefit? What is this member trying to say - that no advertising is needed by the new owner since the members will patronize his establishment by virtue of ownership? I'm not sure. Perhaps I'm not appreciating the issue from my limited knowledge but what great thing was done here?
IMHO, from the limited facts of which I am aware, the party to be reimbursed is the only innocent party here who suffered a significant loss. If anyone is at all concerned about "karma" and a fellow human being taking a huge loss despite best of intentions, perhaps the money generated from any commercial activity (or donations) could be used to help the truly wronged party be made somewhat whole. After all, if the community wants to buy its freedom (from Knight or Trevor) then the community should pay what it costs to do so.
Why didn't everyone wait a short time period to create a nonprofit organization as I suggested? I have no reason to believe Justin won't do the right thing but the current legal situation makes it more difficult to accomplish after he has made a quick purchase. What was the rush, exactly? Danger of being converted into a commercial site within hours? Please... In short, legally, the new owner is the sole sponsor of the forum. None of the members of the concerned community legally have the equal access and opportunity that all of you would have had if a true non-profit that had purchased the site. As a result, the representatives of the community could have governed the site from the start. Are there any plans to even create such an entity? Does anyone care? How will the "community" fund itself to pay back Justin, the new owner? There is a lot of naivete in the community. I don't know what will happen but this is now a new set of challenges for your "open source" community to deal with. Be careful of what you wish for.