Thanks Vasco! I think you are right that we should get a better sense of the marginal multiplier by seeing how the multiplier responds to investments we are making over the next few years. That said, I agree with @GV 🔸 that we might expect some lag between the investments and the returns—particularly for more ‘top-of-funnel’ work. As a result, our 2026 multiplier might not fully capture the impact of our investments.
Thanks for the relevant nuance, @GV 🔸. The 2026 multiplier would ideally account for the donations of pledges made after 2026 as a result of work in 2026, but this may be difficult to model. It will probably be easier in the future when there is more data on how “top-of-funnel” work translates into future pledges.
Thanks Vasco! I think you are right that we should get a better sense of the marginal multiplier by seeing how the multiplier responds to investments we are making over the next few years. That said, I agree with @GV 🔸 that we might expect some lag between the investments and the returns—particularly for more ‘top-of-funnel’ work. As a result, our 2026 multiplier might not fully capture the impact of our investments.
Thanks for the relevant nuance, @GV 🔸. The 2026 multiplier would ideally account for the donations of pledges made after 2026 as a result of work in 2026, but this may be difficult to model. It will probably be easier in the future when there is more data on how “top-of-funnel” work translates into future pledges.