[LGM] LGM 2019 - Funding

Dave Crossland dave at lab6.com
Tue May 7 01:56:28 UTC 2019


When my sponsorship budget is Google's total profit, I hope there's going
to be a lot of conferences that year.... 🤣

On Mon, May 6, 2019, 4:11 PM Gregory Pittman <gpittman at iglou.com> wrote:

> I played with some numbers the other day. While for LGM, $20,000
> represents a significant sum, using the numbers from 2017, the most recent
> year available, this represents something like 0.03% of Google's profits
> for that year. 2017 was a bit anomalous since it included a multi-billion
> dollar write-down, so in a more "normal" year that 0.03% figure would be
> much less.
>
> If there is any point to this, I think that we are right to be circumspect
> about the process and leverage that Google may get from what represents for
> them a teeny contribution.
>
> Greg
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