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HomeHomeOur CommunityOur CommunityGeneral Discuss...General Discuss...Corporation DiscussionCorporation Discussion
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10/3/2006 2:22 AM
 
The formation of the DNN corporation first and foremost protect the communities investment in the project and also makes sure that it will always be available as an open-source project (which Shaun committed to a long time ago).  Now if anything happend to Shaun there is not a single owner of DNN and the project could go on without any legal troubles.  To me that is the most important benefit of the creation of the DNN corporation and it shows Shauns' and the Board's dedication to keeping DNN open-sourced.
 
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10/3/2006 2:57 AM
 

 >Now if anything happend to Shaun there is not a single owner of DNN and the project could go on without any legal >troubles.

I understand some of the reason why you decided to formalise it a bit more but there is really no change in relation to the above between the old company and the new - they were both legal company structures and both had/have shareholders - so in reality if the share holders decide to sell their shares then ownership changes - also and I could be wrong on this as there has been changes in both Canadian and USA laws in realtion to take overs - I think that the canadian laws being more UK based make it a bit harder for a take over then the USA laws do.

I think what seems to bother most is that a non profit structure was not used with the new company.

I do agree with you re if Shaun dies ( hopefully that will not happen till a ripe old age) but I don't think that this was the major concern about using a company structure - the fact that a company structure was and is being used means that ownership and thus direction can change at any time by change of ownership of the shares.

I can understand zigf's concerns and these are valid unless the new company is very open in what it does. - its very unlikely that the board of the new company would ever consider it but  open the shares to the community this would then give some security to those that have built their business on the framework.

 
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10/3/2006 5:54 AM
 
So when you say there are shareholders could someone inform me of the type of legal entity DNN is. When you mean shareholders do you mean that DNN is owned by a few people, sorry but I'm a bit confused. When I go out and spend my time and money convincing customers to use DNN I do so by factoring the returns I'll make on maintenance and the possibility of future deveopment but if DNN is owned then they have every right to then inform my customers that they should continue to develop and maintainence and then I've made a loss. Is the souce code owned by some?
 
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10/3/2006 8:25 AM
 
The new company is probably a "privately held" corporation with stock only owned by a few.  "Hostile take over's" generally only happen to publicly traded companies.  I wouldn't worry too much, I think that Shaun et. al. have publicly stated their desires to keep the project open and the value of open source.  I hope they are successful, because it will only benefit the DNN Community.
 
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10/3/2006 10:55 AM
 

What worries me more is the complete transfer of ownership of code contributions!  I mean if DotNetNuke Corp just owned a name and a resource website, then that has little value for either a hostile takeover to target or for the Core Team to decide to sell for megabucks to Microsoft et. al. ....but since every code contributor conveys ownership--there's a lot of IP there.  Sure the benevolent license from Shaun then allow us to continue our own fork.....but that's a hassle--witness the fracturing of the Linux community.

To me it would seem to indemnify us all just as well, yet not amasse a large IP corporate asset, for the code contributors to sign a reciprocal benevolent license rather than a complete transfer...

 
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