Thanks for correcting the numbers and sorry for my sloppiness with them. I think 2 → 2.5x would be a more sensible multiplier based on what you wrote. I think the conclusion still holds.
Regarding paragraph 2, a charity must hit an exceptionally high standard for me to deem it unworthy of competition, even in a downturn. I accept it’s not realistic for the median charity to do that well.
Thanks for correcting the numbers and sorry for my sloppiness with them. I think 2 → 2.5x would be a more sensible multiplier based on what you wrote. I think the conclusion still holds.
Regarding paragraph 2, a charity must hit an exceptionally high standard for me to deem it unworthy of competition, even in a downturn. I accept it’s not realistic for the median charity to do that well.