They didn’t exactly have a lot of leverage here, so I wouldn’t assume they were necessarily “happy.” The alternative was probably declining to serve as Foundation staff. Although there are some circumstances under which sservice would be unwise—such as a concern that the money was procured by fraud—I am not convinced that the funders’ choice to fund on an pay-go basis rather than depositing several billion dollars up front is one of them.
Okay, I think that’s fair. I would have preferred, though, if they would have been more transparent about this to the people the FTX Foundation had been supporting.
They didn’t exactly have a lot of leverage here, so I wouldn’t assume they were necessarily “happy.” The alternative was probably declining to serve as Foundation staff. Although there are some circumstances under which sservice would be unwise—such as a concern that the money was procured by fraud—I am not convinced that the funders’ choice to fund on an pay-go basis rather than depositing several billion dollars up front is one of them.
Okay, I think that’s fair. I would have preferred, though, if they would have been more transparent about this to the people the FTX Foundation had been supporting.