Editing Meeting Notes 2012 07 17

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Leif says a couple of reasons why he objects:  
 
Leif says a couple of reasons why he objects:  
  
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# We've done pretty well without having a big reserve, and fund-raising externally. Not looking forward to the next few months discussing how to spend this money.
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    1) We've done pretty well without having a big reserve, and fund-raising
βˆ’
# Thiel isn't a good person, with Facebook, Paypal, and Palantir, and we shouldn't take his money. This facet of his philanthropic efforts is to improve his reputation -- he's buying whuffie from us, and we're selling it to him, and decreasing of our own reputation. I think it's great that we're not funded by billionaire philanthropists, and I think it would be less great if we do, and that people would be less interested in giving the money. If he just mailed him a check, I wouldn't object.
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externally. Not looking forward to the next few months discussing how to spend
 +
this money.
 +
 
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    2) Thiel isn't a good person, with Facebook, Paypal, and Palantir, and we
 +
shouldn't take his money. This facet of his philanthropic efforts is to improve
 +
his reputation -- he's buying whuffie from us, and we're selling it to him, and
 +
decreasing of our own reputation. I think it's great that we're not funded by
 +
billionaire philanthropists, and I think it would be less great if we do, and
 +
that people would be less interested in giving the money. If he just mailed him
 +
a check, I wouldn't object.
  
 
Z says we should say no to the money, and then use that to boost our reputation.
 
Z says we should say no to the money, and then use that to boost our reputation.

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