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Re:We have reached an agreement in principle for Sam to retu... by faramarz on Thursday November 23, 2023 @05:11AM (#38391247)
Maybe the vision is to eventually bring UBI into it and cap earn outs. Not so wild given Sam’s world coin and his UBI efforts when he was YC president.
Re:We have reached an agreement in principle for Sam to retu... by baking on Thursday November 23, 2023 @10:55AM (#38394114)
The public support test for public charities is a 5-year rolling average, so "eventually" won't help you. The idea of billionaires asking the public for donations to support their wacky ideas is actually quite humorous. Just make it a private foundation and follow the appropriate rules. Bill Gates manages to do it and he's a dinosaur.