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Is the gates foundation known for investing in things that don’t drive revenue for them?
by gutitout 5y ago
Is the gates foundation known for investing in things that don’t drive revenue for them?
- to1y 5y agoAre they known for the opposite?
- gutitout 5y ago“The No. 1 objective is preservation of capital,” https://www.aljazeera.com/amp/economy/2021/6/21/bill-and-melinda-gates-divorce-throws-spotlight-on-money-manager https://www.aljazeera.com/amp/economy/2021/6/21/bill-and-mel... Perhaps the marketing is good
- FateOfNations 5y agoThat's typical for foundations that operate along the lines of an endowment. The idea is that they want to be able to continue the sustain and grow their philanthropy forever and they can't do that if they run out of money.
- gutitout 5y agoThey invest in things that drive revenue for them. Including Crispr, WHO, farm land, fake meat, vaccines, etc.
- wcoenen 5y agoIt's a non-profit set up to spend their fortune on charity...