It was part of Monday's meeting. Truth be told, we aren't going to be able to quit our day jobs with the level of donations/subscriptions that we will currently muster, and that is part of the reason I have held off. That said, it would be nice not having to dig into our own pockets for servers and stickers.
I cannot imagine a VC scenario that would work out well for the site. If Fred Wilson really wanted to give us $10M, it would be difficult not to consider trying to make it work, but I don't think that cash money is what Hubski ought to be after. In my mind, Hubski is about expanding a dimension of human interaction that could benefit from the effort. That goal can easily extend beyond what exists here and now, but I am not keen on selling myself or you all on a new strategy for Hubski that fits a funding model.
Ideally, I would like to get the site into a state where is sustained itself, and can continue its mission with minimal polluting influences. I do think it is possible, and I think that it will be even more possible as time passes. The team seems to think that there won't be much harm in an early revenue model; we are going to experiment with that this year.