How do you imagine the benefits might continue past 2 years?
If any of these can be high-growth ventures, then early work is mainly useful in helping to set up later work. There’s often a lot of experimentation, product-market-fit finding, learning about which talent is good at this, early on.
Related, I’d expect that some of this work would take a long time to provide concrete returns. My model is that it can take several years to convince certain wealthy people to give up money. Many will make their donations late in life. (Though I realize that discounting factors might make the later stuff much less valuable than otherwise)
If any of these can be high-growth ventures, then early work is mainly useful in helping to set up later work. There’s often a lot of experimentation, product-market-fit finding, learning about which talent is good at this, early on.
Related, I’d expect that some of this work would take a long time to provide concrete returns. My model is that it can take several years to convince certain wealthy people to give up money. Many will make their donations late in life. (Though I realize that discounting factors might make the later stuff much less valuable than otherwise)