If they had spent wisely they could easily have a $0.5bn endowment by now and basically be self-sustaining without donations.
It also feels like a massive waste for one of the few open source organisations that is actually well funded. Where are the technical improvements to Wikipedia? The only thing I remember changing in the last 10 years is the link hover box which is very nice, but is that it?
"Back in 2014, we had a very clear list of how to fix talk pages. Yet the mw:Talk pages project only started in 2019."
https://en.wikipedia.org/wiki/Wikipedia:Wikipedia_Signpost/2...
Which reminds me: 3 of the 6 community candidates shortlisted for the Wikimedia board this year supported election compass statement #5:
"WMF fundraising is deceptive: it creates a false appearance that the WMF is short of money while it is in fact richer than ever."
https://meta.wikimedia.org/wiki/Wikimedia_Foundation_electio...