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If I was running a project geared for the long-term, I wouldn't treat $50 million like "$50 million to spend", but as a $50 million endowment where the goal is
by Marsymars 7y ago
If I was running a project geared for the long-term, I wouldn't treat $50 million like "$50 million to spend", but as a $50 million endowment where the goal is to not spend the principle.
- jammygit 7y agoThere is also the matter of scale however: if you could grow your users, maybe you could secure more funding/donors long term as well
- markovbot 7y agoBut its obviously a lot more likely to be around long term if they don't blow all their cash in a short term attempt at grabbing a few more users and hope to get more later.