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True. I'm merely reflecting upon the mindset of money. If Bill really owns a $1/2B yacht (which I don't know) then he values it the same as saving the oceans it
by kkotak 10y ago
True. I'm merely reflecting upon the mindset of money. If Bill really owns a $1/2B yacht (which I don't know) then he values it the same as saving the oceans it sails on. And as to other example - Sean Parker's $250M fund to cure cancer. Just comparing that to $15B raise by Uber. It's just a sad commentary that's all.
- patrickaljord 10y agoMaybe it doesn't make sense to invest more than $1B for now. That's a lot of money, you don't want it to go it to waste. Heck I wouldn't even know where to start with a $1B grant to save the environment. I guess they are trying to use it for research and development and it makes sense not to just throw $100B at it for now. They'll start with smalls teams of smart people to try come up with great ideas, $1B may be enough for that. Great discovery in R&D usually happen by accident with smart people and not because of how much money you threw at it once you get to a big enough amount.