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Sovereign Tech Fund invests over €1 million in KDE software development (kde.org)
submitted 3 months ago by to c/linux@lemmy.ml
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The investment will be used to strengthen the structural reliability and security of KDE's core infrastructure, including Plasma, KDE Linux, and the frameworks underlying its communication services.

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[–] 5 points 3 months ago (2 children)

While this is great, aren't wealth funds required to get a return on investment? How does that work here?

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  • [–] 32 points 3 months ago* (1 child)

    since it's a state fund, return on investment isn't necessarily just money back. more jobs means more tax payers. better reputation means stronger currency. less dependence on foreign actors means lower import costs.

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  • [–] 6 points 3 months ago

    Right, like what's the ROI of a million computers switching from US-based for-profit Windows to Linux?

    Funding open tools/tech/research is exactly the sort of thing that governments are best equipped to do, relative to private sector/individuals. Millions of dollars is a rounding error relative to government licensing costs to proprietary software alone, even ignoring the downstream benefits for the rest of the economy. And if we had lots of money in open software, it would attract a lot more talent to make it even better for the rest of us.

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  • [–] 11 points 3 months ago (1 child)

    Who's talking about wealth funds?

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  • [–] 6 points 3 months ago (1 child)

    Sorry, my bad. So these people are software funding agencies?

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  • [–] 11 points 3 months ago

    With the Sovereign Tech Fund, we invest globally in the open software components that underpin Germany's and Europe's competitiveness and ability to innovate. By targeting core digital infrastructure, our investments scale across many sectors and benefit a broad range of users. Improving the security, stability, and reusability of open software components directly enhances the productivity, competitive edge, and capacity for innovation of startups and small and medium-sized businesses.

    - https://www.sovereign.tech/programs/fund

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