[Foundation-l] Latest board resolutions

geni geniice at gmail.com
Thu Jul 27 21:47:41 UTC 2006


On 7/27/06, mboverload <mboverload at gmail.com> wrote:
> Layman explanation as to why?
>
> mboverload

The foudation can either stick to the liquid asset option which means
renting servers and keeping enough cash on hand to pay for say a years
worth of rent. That is a fair bit of cash and might make the
foundation a worthwhile target. The other option is to keep the cash
in the form of servers which are rather less worthwhile for people to
try and aquire since they lose value over time. The servers might have
cost x to buy but after a year they could be down to less than 1/2X
but that doesn't really bother the foundation since it still needs the
servers.


Win a court case and get say $100,000 ok. Win a court case and get a
load of servers worth say $50K which you then have to try an sell is
rather less good.
-- 
geni



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