We would like to invite all members of the ERPNext community to buy shares in the foundation’s seed capital. As of now, this is only allowed for Indian Nationals.
You can buy shares worth Rs 1000 in the foundation out of the total seed capital of Rs 1 lakh (approx 1%).
Please note, ERPNext Foundation is a not for profit company and these shares have no financial value as an asset other than the voting rights that come with it. This also does not guarantee any additional benefit (in the general membership etc)
Why this?
We think the foundation should be owned by the community and we would love to have the ownership reflect a more diverse point of view. If you intend to opt-in, we will also be counting in on your continuing support and volunteering.
If you are interested, please send in your interest to foundation@erpnext.org by 10th Feb.
Thanks!
Note: this is only allowed for Indian Nationals at the moment. We will open General Memberships soon, which will be applicable for everyone.
Our Company Secretary strongly discouraged us to do this at this stage since it will create a lot of admin overhead trying to verify and regularly update all shareholders.
Will surely visit this at the appropriate time (maybe a few months down the line)
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