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Comment by alohapersona3

Why would it be relevant, who I am?

I am interested in the future of Matrix as an open, decentralized protocol. I increasingly see a risk in the behavior of New Vector as the VC-funded effective owner of the Matrix protocol. To me, the Matrix.org Foundation was supposed to be the organization that saves the community from the interests of VCs.

Over recent years I got the feeling the foundation became mostly a fake nonprofit organization to attract donations from the community while the for-profit company attracts VC money. The foundation did not manage to properly include the community in any of its official positions (Board, Spec Team) in 5 years, clearly showing that this is not in its interest.

For Matrix to be a success, we need to design it such that there can be contributions from others than New Vector. This is not happening and because of that, it's very likely that as soon as New Vector is running out of money, Matrix is going to collapse. Having at least a bunch of money in the foundation would reduce that risk, but New Vector seems to even be siphoning off that.

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