[Foundation-l] Relocation announcement

[Thomas Dalton]

On 22/09/2007, Andrew Gray <shimgray at gmail.com> wrote:
> On 22/09/2007, David Gerard <dgerard at gmail.com> wrote:
> > On 22/09/2007, Thomas Dalton <thomas.dalton at gmail.com> wrote:
> >
> > > As a Brit, I'm pleased to see London was considered. Why was it the
> > > only non-US city considered, though? I'm also curious as to why you
> > > considered San Francisco better than London - to my knowledge, London
> > > is a far more international city that San Francisco, which I would
> > > think was a major consideration is choosing a base for the WMF.
> >
> >
> > I'm imagining difficulties with the prices. The pound sterling is the
> > depleted uranium of currency, and London is expensive even in that
> > context. Not to mention in running a US charity from the UK.
>
> Yeah. Financially speaking, moving outside the US would be a big hit
> (now and in the near future) simply due to exchange rates, if nothing
> else.

I don't see why exchange rates would make much difference. The WMF
recieves donations in all kinds of currencies - just spend the pounds
in the UK and the dollars in the US. Exchange rates only matter if you
are exchanging currency.