Hacker News new | ask | show | jobs
by JumpCrisscross 1391 days ago
> money is fungible

To an extent, depending on the fraction of the budget you're contributing.

1 comments

No, it doesn't depend on the fraction of the budget you're contributing. Money is fungible even if it is only $0.01.
> it doesn't depend on the fraction of the budget you're contributing. Money is fungible even if it is only $0.01

Practice versus theory. If I'm donating 50% of an organization's budget, I get to say what my 50% does as well as the other 50%. That's power. (If they don't comply, I pull my funding. Assuming the other half is diffuse.)