3 ms·
SPEND in this case means essentially what their budget is for the group, while INVEST would be a smaller portion (essentially, the budgeted spend minus overhead
by MR4D 10y ago
SPEND in this case means essentially what their budget is for the group, while INVEST would be a smaller portion (essentially, the budgeted spend minus overhead).
Merely asking and answering the question "Who should we invest in?" takes a considerable amount of money by itself.
- aardvark291 10y agoThat $100M clearly is dominated by the capital that is to be invested. The use of the verb "spend" is perhaps a slip indicating an opinion on the chance of positive ROI... "The company is spending about $100 million annually on the funding of startups, he said." "All told, Dell Technologies Capital has invested in more than 70 startups. It puts in around $3 million to $10 million initially and usually in the A or B rounds, Darling said. The company provides more money in later rounds." If your investment team that answers the question "Who should we invest in?" is consuming $100M itself... I need to change jobs.