Here's a statement that's hard to find fault with: Wikipedia likes good content. But the truth is Wikipedians secretly cringe at statements like this. Why? Because you can't really treat Wikipedia as a single entity. Yes, we do it all the time, but we also know it's a bad shortcut.
So how can we be more accurate? First by understanding the distinction between Wikipedia's volunteer community and the Wikimedia Foundation (WMF). These are the two Wikipedias.
The community of editors came first, and the WMF was established to support it. The former comprises just about anyone who contributes to the site and chooses to consider themselves a Wikipedian; the latter is is a 501(c)(3) non-profit in San Francisco, with a staff of about 250.
What is the role of each? How do they interact? More next week.