I've got much respect for Jason Calacanis and his "This week in startups" Youtube channel, but I don't see how this benefits the contributors. Half a million donations and the users don't reap the dividends of investment, or earn an interest in the site?
Either the site should be sold as an investment so someone gets a real financial interest, or someone should just make "newhackaday.com" as a non-profit and move everyone over there.
He's making five figures a month from this (Hack-a-day) site, putting that back into other startups, looking to get half a million out of it, and wants a designer to work for him FOR FREE!?
Yeah, now I'm even happier that I decided to keep my money.
Either the site should be sold as an investment so someone gets a real financial interest, or someone should just make "newhackaday.com" as a non-profit and move everyone over there.