bigrabbit
Jolly Good Fellow
- Messages
- 312
My first reaction to us perhaps having raised several million dollars of nil money is to think of it in terms of an endowment, something sustainable over time.
If it does need to be like an endowment, then drawing ~5% of several million isn’t much.
Am I missing something?
If it’s expendable/non endowment money, then it will need to be replenished, maybe continually.
If it does need to be like an endowment, then drawing ~5% of several million isn’t much.
Am I missing something?
If it’s expendable/non endowment money, then it will need to be replenished, maybe continually.