I use Wikipedia for everything from learning about a new city I am visiting to checking out chemicals used in the medicine I am taking. It's a brilliant, always updated, always available resource which can also be read from almost all the devices.
Whenever Wikipedia goes in donation drive, complaints about it raising a million dollars can be heard. People often forget that it's a free service but still has huge cost commitments. But even these costs are nothing as compared to real worth of Wiki.
I do not know a single Internet user who do not use Wikipedia. Yup, even non-techies, non English speakers use it more often than people would like to believe. But let's take a hugely conservative estimate of 10% of Internet population using it. Do understand with both Google citing Wikipedia as top results and Facebook linking to it from both Places and Pages, this number would be far higher.
Internet's total population is around 2 billion (see note (1)). 10% of that number is 200 million.
If Wikipedia was available as a subscription based service of $50 and only 10% of above have paid for it. It had been a $100 million business. A company easily worth $2 billion in market cap.
So, even by most conservative of estimates we collectively pay nothing for Wikipedia.
Anyone for no donation but ad supported Wiki?
Notes
1) Internet population - http://www.internetworldstats.com/stats.htm
Whenever Wikipedia goes in donation drive, complaints about it raising a million dollars can be heard. People often forget that it's a free service but still has huge cost commitments. But even these costs are nothing as compared to real worth of Wiki.
I do not know a single Internet user who do not use Wikipedia. Yup, even non-techies, non English speakers use it more often than people would like to believe. But let's take a hugely conservative estimate of 10% of Internet population using it. Do understand with both Google citing Wikipedia as top results and Facebook linking to it from both Places and Pages, this number would be far higher.
Internet's total population is around 2 billion (see note (1)). 10% of that number is 200 million.
If Wikipedia was available as a subscription based service of $50 and only 10% of above have paid for it. It had been a $100 million business. A company easily worth $2 billion in market cap.
So, even by most conservative of estimates we collectively pay nothing for Wikipedia.
Anyone for no donation but ad supported Wiki?
Notes
1) Internet population - http://www.internetworldstats.com/stats.htm
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