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How is Open Source project work paid?

Forgive me but this part of the open source and foss confuses me. If you code and release an open source and free piece of software like say, a robust video player such as VLC, how is that dev being paid?

Because in my eyes (I'm not too privy to FOSS ins and outs)

I'm basically getting your software for free of no charge, it IS free as in free beer cos you're not asking ME to pay it for so who is paying YOU?

Does it come via donations or wealthy corporations like Red Hat and Microsoft pay or fund open sourced projects that is given to the hard working developers of that OSS/FOSS project?

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32 comments
32 comments