Automattic to transform WordCamp into a public-benefit corporation supporting non

|| Automattic is seeing a steady growth in the number of sites using its WordPress content management system — 27 percent of the internet uses it today — and there’s no shortage of die-hard fans and users who gather in towns and cities around the world to support one another. The money gleaned from these conferences numbers in the millions and Automattic wants to put it to good use — supporting those who need it.
At the annual WordCamp US gathering, company chief executive Matt Mullenweg presented his “State of the Word” address in which he announced that next year, Automattic’s WordCamp Central will be transformed into a public-benefit corporation (PBC) which will be an evolution of the existing WordPress Foundation.
Mullenweg also revealed that the company plans on expanding its HackerOne-powered bug bounty program soon, and that there will be a “Growth Council” designed to accelerate adoption of open source technology around the world.
Above: Map highlighting the places where WordCamp events were held in 2016.
In 2016, 115 WordCamp conferences across 41 countries, an increase from 89 last year. More than 30,000 tickets were
Source: https://managewp.org/articles/13949/automattic-to-transform-wordcamp-into-a-public-benefit-corporation-supporting-non

source https://williechiu40.wordpress.com/2016/12/04/automattic-to-transform-wordcamp-into-a-public-benefit-corporation-supporting-non/