Diversification would be nice, but I don’t see the mathematics of how that could work with a megadonor who wants to concentrate in one area and largely occupied the field.
If Joe Smith is funding $150MM being 75 percent of funding in area X vs $50MM from elsewhere, you’d need $200MM in new money to get Joe down to 37.5 percent of funding in the area (150/400). Or youd need Joe to reduce funding to $30MM to get to 37.5 percent. Joe and other funders are unlikely to be motivated to do this.
Diversification would be nice, but I don’t see the mathematics of how that could work with a megadonor who wants to concentrate in one area and largely occupied the field.
If Joe Smith is funding $150MM being 75 percent of funding in area X vs $50MM from elsewhere, you’d need $200MM in new money to get Joe down to 37.5 percent of funding in the area (150/400). Or youd need Joe to reduce funding to $30MM to get to 37.5 percent. Joe and other funders are unlikely to be motivated to do this.