Hacker News new | ask | show | jobs
by to1y 1542 days ago
Are they known for the opposite?
1 comments

“The No. 1 objective is preservation of capital,”

https://www.aljazeera.com/amp/economy/2021/6/21/bill-and-mel...

Perhaps the marketing is good

That's typical for foundations that operate along the lines of an endowment. The idea is that they want to be able to continue the sustain and grow their philanthropy forever and they can't do that if they run out of money.
They invest in things that drive revenue for them. Including Crispr, WHO, farm land, fake meat, vaccines, etc.