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Self-hosting Photo Alternatives
(lemmy.ml)
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this post was submitted on 24 May 2024
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It literally didn't. Read about it and stop spreading misinformation. The deal is essentially like an investment. The developer still maintains full autonomy on the projects direction and leadership. All FUTO is doing is providing them stable income so they can work full time on developing the project.
It’s not misinformation. I hear what you’re saying, and that this whole Futo thing seems like it should be net positive, but it was sold.
This isn’t a good argument for Immich not being sold, because this is the exact description of what private equity firms do.