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> For each of our companies to donate $256,000 in monthly installments over the next two years, with Synadia matching TigerBeetle, for a total of $512,000 Why
by dangoodmanUT 1y ago
> For each of our companies to donate $256,000 in monthly installments over the next two years, with Synadia matching TigerBeetle, for a total of $512,000
Why over 2 years?
Like VC investment, Id assume a lump sum up front allow them to move faster with that money (hiring the right people sooner, etc.)
I wonder if projects like this care more about predictability of income (e.g. not hiring people depending on future funding to sustain them)
- codegladiator 1y agoThere is always a burden of deployment of assets
- mikkupikku 1y agoSlow is smooth. Smooth is fast.
- gethly 1y agoI heard that very recently in a movie, just cannot recall which one.
- kapitar 1y agoNot a recent movie, but it was mentioned in Shooter, a Mark Wahlberg film from way back when
- mi_lk 1y agoBrad Pitt's F1 https://www.imdb.com/title/tt16311594/quotes/?item=qt8134908&ref_=ext_shr_lnk https://www.imdb.com/title/tt16311594/quotes/?item=qt8134908...
- gethly 1y agoYes, I think that was it.
- mikkupikku 1y agoIt's popularly claimed to be a Navy SEAL saying. I have no idea if that's true, but I think it has some broad merit to many things, almost anything which benefits from careful planning or training. In this context, throwing a big lump sum of money all at once could pressure the developers to spend money / hire too fast without careful planning. Spreading the payments out could be the donor's way of saying they don't want radical hasty changes, they just want to help out in a way.
- andrewflnr 1y agoIt seems quite wide spread by now, at least. I heard it in at least one martial arts class (and something what recently that I can't place). The people who said it could have gotten it from military background. Anyway, it should be widespread, since it's basically true, though perhaps more relevant for physical skills than for donation scheduling.
- gethly 1y agosounds like the good old "rabbit vs turtle".
- trenchpilgrim 1y agoMost businesses prefer to make payments monthly because it's easier on cash flow.
- SoftTalker 1y agoThis is a donation, not an investment in the VC sense.
- Aurornis 1y agoI assume it’s being budgeted out of their monthly cash flow, not coming out of cash reserves. > Id assume a lump sum up front allow them to move faster with that money (hiring the right people sooner, etc.) On the other hand, the monthly payments mean they’re less likely to overcommit their spending up front. If they’re hiring someone with twice-monthly paychecks, receiving the money up front doesn’t make much difference unless they want to hire based on projections of higher future donations, which is a risky move.
- dangoodmanUT 1y agoYeah the later is my thinking. Probably cashflow reasoning too.