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> And as the data at the top of the essay shows, they already demonstrated this during the pandemic! For one year, they contracted spending less than 1%, befor
by mlyle 3y ago
> And as the data at the top of the essay shows, they already demonstrated this during the pandemic!
For one year, they contracted spending less than 1%, before more than making up for it and growing faster on average for those 2 years than most.
> Expenses might be high, but how much reserve do you expect them to keep?
When the expenses are growing exponentially, all reserves look small.
> Nobody would donate to Wikipedia if they knew it could survive on a few million dollars each year and it had hundreds of millions of dollars handy, and no new work was being done to add services and improve existing services.
So better they be wasteful, so they can raise more money to be wasteful with? Do I have that right?