But when I actually start to spend the money, I told my people, "We need to spend this over the next 12 months.
当我开始使用这笔资金的时候,我告诉我的员工,这笔钱要维持公司运营12个月。
because you know that they'll use it for a good cause.
因为你知道他们会妥善地使用这笔钱。
The endowment at Yale is something like two million dollars per student now that's just sitting there as money that could be spent.
耶鲁基金总额目前折合下来是,每个学生两百万美元,这笔钱就放在那里,随时可以折现花掉
So the first critical decision I made is that when I raised the money, $1.2 million, I told our investors that money would last for about six months.
我做的第一个重要决定就是,当拿到120万美元时,我曾对投资人说过,这笔钱能够维持公司运营6个月。
Then, they swipe the card and then they get that receipt.
接着刷了一下卡,然后他们就得到这笔钱。
Anyway, the person wrote-- he was talking about fires and was proposing that people should pay 1% of the value of the home every year into a fund and then the fund would be used to replace the home if it burned down.
反正,这人写道...,他当时是讨论火灾,并提出,人们应该每年将自己房屋价值的1%的金额,交给一个基金会,那么如果有房子烧毁了,基金会就可以用这笔钱来重建它
You need the loan for years, but investors don't want to tie up their money for years.
这笔款你需要贷若干年,可是投资者不希望他们的钱被占用好几年
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