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	<title>Comments on: Bloomberg Interviews Wikipedia Founder Jimmy Wales [VIDEO]</title>
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		<title>By: Gregory Kohs</title>
		<link>http://pulse2.com/2009/12/22/bloomberg-interviews-wikipedia-founder-jimmy-wales-video/comment-page-1/#comment-31232</link>
		<dc:creator>Gregory Kohs</dc:creator>
		<pubDate>Wed, 23 Dec 2009 20:04:19 +0000</pubDate>
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		<description>In actuality, because the Mediawiki software renders pages that are easily cached and serve up mostly text (certainly not video or pages and pages of images), it only costs about $1.2 million per year to physically sustain Wikipedia with bandwidth and servers, including the salaries of about 3 developers.  This information is all available in the legal Form 990 document that the Wikimedia Foundation is required to file.&lt;br&gt;&lt;br&gt;Where is the rest of the $10 million budget going?  Mostly to salaries of a bloated staff of 35 who sit back and watch the 99.5% of the work that is being performed by unpaid volunteers.  Also, the Foundation tucks away between $1 million and $2 million into a bank savings account for a rainy day in the future.&lt;br&gt;&lt;br&gt;The other firms you cite (YouTube and Facebook) cost more because those companies are trying to ramp up to a state of profitability.  It costs money to make money.  Wikipedia has no such profitability incentive, so that&#039;s why costs are kept low.  &lt;br&gt;&lt;br&gt;I run a site with over 50,000 pages, and over 1,200 unique visitors per day.  It costs 61 cents per day to run.  Do the math.</description>
		<content:encoded><![CDATA[<p>In actuality, because the Mediawiki software renders pages that are easily cached and serve up mostly text (certainly not video or pages and pages of images), it only costs about $1.2 million per year to physically sustain Wikipedia with bandwidth and servers, including the salaries of about 3 developers.  This information is all available in the legal Form 990 document that the Wikimedia Foundation is required to file.</p>
<p>Where is the rest of the $10 million budget going?  Mostly to salaries of a bloated staff of 35 who sit back and watch the 99.5% of the work that is being performed by unpaid volunteers.  Also, the Foundation tucks away between $1 million and $2 million into a bank savings account for a rainy day in the future.</p>
<p>The other firms you cite (YouTube and Facebook) cost more because those companies are trying to ramp up to a state of profitability.  It costs money to make money.  Wikipedia has no such profitability incentive, so that&#39;s why costs are kept low.  </p>
<p>I run a site with over 50,000 pages, and over 1,200 unique visitors per day.  It costs 61 cents per day to run.  Do the math.</p>
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