<div dir="auto">The grand approach is to immediately use the whole billion to advance one or more important matters.<div dir="auto"><div dir="auto"><br></div><div dir="auto">The opposite approach would be to treat it as an endowment, and only spend from the annual gains. A 5% return means $50 million per year.<br></div><div dir="auto"><br></div><div dir="auto">There are countless middle positions as well, if one needs more bootstrap capital for something important and is simultaneously willing to reduce the potential annual endowment returns. The midpoint scenario is to use $500 million for critical bootstrapping efforts, and leave the remaining $500 million to produce $25 million annual returns.</div><div dir="auto"><br></div><div dir="auto">Some things to consider:</div><div dir="auto"><br></div><div dir="auto">1.) Which efforts will others want to be partners in? Partnerships can extend how far seed capital will go. But diverging interests might complicate things later, taking things in unintended directions.</div><div dir="auto"><br></div><div dir="auto">2.) Which efforts are important to do but aren't attracting enough interest and funding today, but have the potential of being self-sustaining if they reach a critical mass? This might include funding certain technology or approaches that have mostly been pushed to the wayside.</div><div dir="auto"><br></div><div dir="auto">Examples: Repairable/reusable/upgradable/modular hardware comes to mind. Framework laptops are step in this direction. Closed non-upgradeable hardware, non-repurposable hardware goes in the opposite direction. Contrast the medium to long term reuse prospects for a Framework laptop vs a MacBook Air. Or a WiFi router (maybe RPi based) that is OpenWRT compatible vs fully proprietary. How about other electronics? How about fully open source hardware and open source software solutions available for each kind of electronics? Offering polished solutions matters; breaking or losing existing functionality needs to be strongly avoided. To replace the status quo, the new alternative must do an overall better job.</div><div dir="auto"><br></div><div dir="auto">Or to step away from electronics...how about expanding the availability and use of modular building systems? One system, called Gridbeam, uses perforated square wooden or metal sticks, hardware, accessories, parts, and tooling. It uses reusable parts and can be assembled with basic tools. Some wooden Ikea furniture already is physically quite close to what can be created using the Gridbeam system. <a href="https://wiki.opensourceecology.org/wiki/Gridbeam" rel="noreferrer noreferrer" target="_blank">https://wiki.opensourceecology.org/wiki/Gridbeam</a></div><div dir="auto"><br></div><div dir="auto">3.) Are there efforts that are worth doing on an entirely altruistic basis, because they're important to do for societal advancement and continuity reasons, regardless of the financials?</div><div dir="auto"><br></div><div dir="auto">Examples: Freeing up certain patents. Open sourcing certain technology. Maybe reforming the patent, copyright, and right to repair laws. Addressing policy problems (including NN) and other roadblocks that hurt creativity, innovation, and prevent us from doing what is actually technically possible today but is being blocked by other factors. Libraries and knowledge sharing comes to mind. Making science, including communicating how we got to where we are now, accessible to all also matters. Sufficiently advanced technology doesn't run on magic.</div><div dir="auto"><br></div></div><br><br><div class="gmail_quote" dir="auto"><div dir="ltr" class="gmail_attr">On Thu, Oct 12, 2023, 23:44 Dave Taht via Nnagain <<a href="mailto:nnagain@lists.bufferbloat.net" rel="noreferrer noreferrer noreferrer" target="_blank">nnagain@lists.bufferbloat.net</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0 0 0 .8ex;border-left:1px #ccc solid;padding-left:1ex">in trying to initiate some out of the box thinking here...<br>
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What would *you* do with a billion dollars?<br>
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...<br>
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I wrote this in 2015. I would not change much:<br>
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<a href="http://the-edge.taht.net/post/billion/" rel="noreferrer noreferrer noreferrer noreferrer noreferrer" target="_blank">http://the-edge.taht.net/post/billion/</a><br>
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Oct 30: <a href="https://netdevconf.info/0x17/news/the-maestro-and-the-music-bof.html" rel="noreferrer noreferrer noreferrer noreferrer noreferrer" target="_blank">https://netdevconf.info/0x17/news/the-maestro-and-the-music-bof.html</a><br>
Dave Täht CSO, LibreQos<br>
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