4 ms·
Managing the foundation as a business with the goal of maximizing return on investment is precisely one of the criticism leveled at Gates. Note that return on i
by blub 6y ago
Managing the foundation as a business with the goal of maximizing return on investment is precisely one of the criticism leveled at Gates. Note that return on investment refers to financial return, not some abstract notion about improving the world.
- jillesvangurp 6y agoI think there's nothing with focusing on ROI in a foundation that presumably does not enrich shareholders (which a foundation does not have) and instead puts any savings to good use doing more of whatever they want to do.
- blub 6y agoFocusing on ROI means that they deal with less savory companies, sometimes creating obvious conflicts of interest with their mission.