The freenode exodus has begun

(web.archive.org)

Sadly, some time ago, a holding company, Freenode Limited, was sold or transferred in some way to a third party
by our previous head of staff as part of sponsorship deals for the freenode live events by a corporate sponsor.
I am not aware of the exact terms of the deal, but the staff team retained full operational control of the network,
and the holding company was there just for the events, logistical reasons and holding the domains. It is not clear
whether the holding company ever had the right to consider the rest of the network "assets". We, as volunteer
staff, certainly did not "work" for the holding company.

Just wow, huge that freenode is dead overnight although it's for the best.