From your source: "After a decade of professional fund-raising, it has now amassed $400 million of cash as of March”.
From you: “they have at least 400 million in reserves now”.
Their financial audit, that I linked to, shows that they have nowhere near that much cash. They don’t even have that much total assets if you count their endowment, real estate, and computer hardware.
The entire reason for my comment was that I read that number, thought “wow, that number seems preposterous”, and looked up their financial report which shows that indeed, it’s a totally bogus number detached from reality.
You seem deeply upset that someone might not just accept your opinion at face value, and it seems to be making you respond like an asshole instead of “not responding because you don’t care”, or actually giving some sort of response.
You’re confusing cash with assets. $80 million is nowhere near $400 million cash.
dozens of accurate numbers from two articles, one of those many numbers in one of those articles you have picked out to focus on
Except $300 million cash isn’t in the article I said was a good article.
“Dozens” of good numbers don’t really matter when the one you use to make your point isn’t one of them.
They don’t have $400 million dollars cash, so they can’t run for 40 years just on cash on hand. Which is the entire thing I was talking about.
I sort of assumed that basic literacy meant you could understand that a question doesn’t have to end in a question mark. For example: I’m curious what you think I’m making up.
Note how that doesn’t end in a question mark, but is clearly a request for information.
And, for pedantic ness: “what the fuck are you talking about?”
What “mistakes” are you correcting? I’m referencing their financial audit. Where do you think those news articles you’re not understanding get their numbers?
You can’t just pick a number off a page, say “yeah, that one’s big, it’s how much cash they have”, then round up and add $100 million dollars and wave it off as a typo. At best, it’s a typo compounding a gross misunderstanding of the financials.
So again, what “mistakes” are you correcting? You keep saying you’re correcting some mistakes, but … You’re not. You haven’t actually done anything other than share some bad data and be offended someone would point that out.
From your source: "After a decade of professional fund-raising, it has now amassed $400 million of cash as of March”.
From you: “they have at least 400 million in reserves now”.
Their financial audit, that I linked to, shows that they have nowhere near that much cash. They don’t even have that much total assets if you count their endowment, real estate, and computer hardware.
The entire reason for my comment was that I read that number, thought “wow, that number seems preposterous”, and looked up their financial report which shows that indeed, it’s a totally bogus number detached from reality.
You seem deeply upset that someone might not just accept your opinion at face value, and it seems to be making you respond like an asshole instead of “not responding because you don’t care”, or actually giving some sort of response.
“You seem deeply upset”
nope I forget you’re here until you comment again and I have to correct you all over again.
correcting people is fun for me, so this isn’t particularly upsetting.
“your opinion”
not my opinion, dozens of accurate numbers from two articles, one of those many numbers in one of those articles you have picked out to focus on.
One of the articles overestimated a budget by 100 million, four instead of three, that’s not going to bother me too much.
you seem deeply upset by one source’s overestimate.
“that number seems preposterous…a totally bogus number detached from reality…”
yeah who the heck could write four instead of three?
how could anyone make that mistake? they must be nuts!
adding one number in hundreds of millions of dollars of asset valuation?
how could that even happen?
guess we’ll never know…
“giving some sort of response…”
you keep whining about receiving a response (desperate), but you still haven’t asked a question.
do you know how responses work? (that was a question. see the curly thing at the end? there’s another!)
go ahead, check your comment. not a single question, you’re just rehashing you’re earlier mistakes I have to correct all over again.
which is fun.
I’m down.
You’re confusing cash with assets. $80 million is nowhere near $400 million cash.
Except $300 million cash isn’t in the article I said was a good article.
“Dozens” of good numbers don’t really matter when the one you use to make your point isn’t one of them.
They don’t have $400 million dollars cash, so they can’t run for 40 years just on cash on hand. Which is the entire thing I was talking about.
I sort of assumed that basic literacy meant you could understand that a question doesn’t have to end in a question mark. For example: I’m curious what you think I’m making up.
Note how that doesn’t end in a question mark, but is clearly a request for information.
And, for pedantic ness: “what the fuck are you talking about?”
What “mistakes” are you correcting? I’m referencing their financial audit. Where do you think those news articles you’re not understanding get their numbers?
You can’t just pick a number off a page, say “yeah, that one’s big, it’s how much cash they have”, then round up and add $100 million dollars and wave it off as a typo. At best, it’s a typo compounding a gross misunderstanding of the financials.
So again, what “mistakes” are you correcting? You keep saying you’re correcting some mistakes, but … You’re not. You haven’t actually done anything other than share some bad data and be offended someone would point that out.