3 ms·
"So I’m tremendously excited about the innovative new way we’re funding this project" What does that refer to?
by waterlesscloud 13y ago
"So I’m tremendously excited about the innovative new way we’re funding this project"
What does that refer to?
- notatoad 13y agofrom the Time article[1], although they don't say it explicitly i get the impression that they're going to run it essentially like a charity - just dump money on it, and not expect any financial return. [1] http://business.time.com/2013/09/18/google-extend-human-life/ http://business.time.com/2013/09/18/google-extend-human-life...
- gesman 13y ago...or ANY return.
- julespitt 13y agoPeculiar it isn't just set up as a charity then. Although perhaps Larry Page just wants to avoid the strange vagaries of non-profit governance, if I were to guess why.
- notatoad 13y agosetting it up as a charity causes trouble if they want to start collecting profits down the road. non-profits don't get to become for-profit as soon as they build something profitable.