Anaconda CEO (and Practical AI guest) Peter Wang:

I am excited to announce the Anaconda Dividend Program, which formalizes our commitment to direct a portion of our revenue to open-source projects that help advance innovation in data science. We are launching the program in partnership with NumFOCUS, and will kick off with a seed donation of $10,000, as well as an additional 10% of single-user Commercial Edition subscription revenue through the end of this year. Going forward, we will fund the dividend with at least 1% of our revenue in 2021, with a minimum of $25,000 committed for the year.

We’ve been beating the successful-businesses-that-thrive-in-large-part-due-to-open-source-software-should-set-aside-revenues-to-support-those-projects drum for years now, so it’s exciting to see forward-looking companies like Anaconda step up and do just that. More like this! 🙏