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What does the w3c do that actually requires money? Are standard editors actually paid? I always assumed that they were volunteering their time on behalf of whatever company they worked for.

For that matter, what liabilities are we talking about here? Hosting a website? Maybe i am just naive, but what else is there?

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https://www.w3.org/People has a list of 57 people and what their role is - it's not clear to me if they are all full time paid staff but I think most of them are.

Two people listed as CFO? <shrug>

Wow who knew they had so many full time employees? To be honest I assumed it was entirely volunteers & people employed at other companies, like the C++ standards committee.

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