Cash is best way to pay for measurable output. Equity is the best way to pay for decision-making involvement. Debt is lousy for everything.
-
-
Replying to @vgr
can't debt + interest be the equity in non-profit ventures?
3 replies 0 retweets 0 likes -
Replying to @tomas_zukal @vgr
not sure what's incorrect, a foundation's debt can also be unsecured: not enough revenue = no return on time/cash investment
1 reply 0 retweets 0 likes
Replying to @tomas_zukal
very loosely, yes. But devil on details when it comes to structured financial instruments
1:58 PM - 14 Sep 2016
0 replies
0 retweets
1 like
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.