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brainzap | 4 days ago

lets try something new

discuss

order

verdverm|4 days ago

Putting capitalists in the middle doesn't seem new, more like another place they can extract a slice of the pie.

whit537|4 days ago

Let's back up: The way an endowment works is that donors donate money, which goes into a more-or-less permanent investment fund. The interest from the investment fund is then used to a) fund mission-aligned programs (in our case, OSS), b) stay ahead of inflation, and c) pay operating costs.

Where are you seeing capitalists "extract a slice of the pie" here?