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by kvinogradov
115 days ago
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There are areas where we experiment and take risks: raising the first-ever endowment for open source, making it very lean and digital-first, relying on bottom-up funding and governance instead of large corporate donors, etc. But all other areas should be as low-risk as possible — like accounting, legal, and investment management of a community endowment fund. We are exploring a few ideas on how to grow the fund faster than the market without increasing its risk profile, but they are complementary to a very conservative core strategy. Besides OSE, I am a full-time VC — that's the area where investors are bold and invest in off-norm opportunities, but it lies on the totally opposite side of the investment risk spectrum. And directly mixing them does not seem like a good idea. |
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