Feel free to DM me anything you want to share but don’t want to or can’t under your own account(s), and I can share them on your behalf if I think it’s adding value to the discourse/community.
The corollary is that views shared on this account don’t necessarily reflect my own personal views, though they will usually be worded to sound like they are.
Lightcone spent more than $3.3MM on renovation in 2022? How many square feet of renovations is this for? How much does Lightcone usually spend a year on renovation?
That leaves ~3MM, which I assume is mainly going towards salaries (how many staff are being paid for from this 3MM outside of the 7 listed on the website?), as the LW review prizes appear to be in the hundreds per prize, and less than 10k overall. There was only 1 EA Global event in 2022 in the Bay (did Lightcone fund after parties at other EAGs?), and presumably events are going to be in the ~10s of thousands range at most. I don’t know how much LW server costs, but I’d be surprised if it was more than 10s of thousands/year.
Instead of me speculating, are you happy to share any more detailed breakdowns on the above? Are any of Lightcone’s financials publicly available?