Funding Plan

[ephys]

At time of writing, we are raising around 650 USD per month.
This is already amazing, but considering the scope of the ORM, the ideal situation would be to have one of us work on the ORM as close to full time as possible. This would require a budget of 5000 USD to 15,000 USD per month.

Current State

We already use the following platforms to raise funds:

• OpenCollective
• thanks.dev
• GitHub Sponsors

We also receive funds from ads on the website

Recently, we've also had workday offer to sponsor the development of specific features

What can be improved

• We should incentivize companies to donate
  • We could add the list of sponsors on our home page, with a call to action to OpenCollective.
  • We should rework our Open Collective page to be more professional / cleaner than what we currently have. We should also remove the bugfix/feature tiers as they are highly undervalued compared to the cost of actually implementing a feature.
• Companies sponsoring specific features is amazing. We should add calls to action to contact us for estimates for feature requests.
• We could consider partnerships with companies that do work closely related to ours. For instance:
  • Maybe we could propose a partnership with https://neon.tech to display ads for them in our new "How to use Sequelize with Postgres" guide
  • There are many companies offering solutions for migrations. We could see if one of them wants to do a partnership and display ads for them on our pages about migrations.
  • Some companies extend the features of databases, such as https://timescale.com. We could contact them about adding support for them in our ORM (and possibly ads) in exchange for sponsoring
  • My research focuses on postgres because that's my database of choice but if you know of other potential partners for other databases, that's worth looking into
• We can reach out to companies that we know use Sequelize, and ask them if they are willing to sponsor the ORM

[ephys]

@WikiRik: we can add a readme for the whole organization that promotes donating as well + update our GitHub sponsors to match OpenCollective
@WikiRik Regarding partners: We could also offer blog posts (neon.tech)
@WikiRik For things like timescale: it's important that they give us a way to run our tests against their solution. We would require a longer-term contract with them for this to be interesting
@sdepold We could ask for testimonies from companies (workday, etc), especially if they use v7

• @WikiRik Maybe a private feedback form? (positive and negative)