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by smuss77 3659 days ago
I really like the transparency and accountability.

Two questions: Why are the two loans necessary? And, how does a loan get counted as savings?

> Leo and I are committing $100k each in the form of a loan at the lowest possible interest rate, with repayment only when Buffer reaches a healthy financial position. Savings: $200,000.

1 comments

It shows founder commitment -- a willingness to put their own personal savings at risk to help the company survive.

It's "savings" in the penny-saved, penny-earned sense.

A penny saved is not a liability, it is an asset.