this post was submitted on 21 Jun 2023
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Asklemmy
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Lemmy isn't a company, it's just the software. The devs develop it as a hobby, basically.
Your server is lemmy.world. It's unclear how it will be funded as it gets big. If it goes under someone will start another one, though.
Actually- they are full time working on this.
The devs... have socialist tendencies(by their own admission, their words, not mine!), and are more then happy to live on peanuts and bread while building software for the better of humanity.
However, donations to the project, do pay for their basic expenses.
they have been funded by grants from NLnet (I think from EU funds?) but I think are transitioning to donation-based.