I think the idea is ten31 invests in companies. then opensats could also give money to those same companies. the opensats money, since it comes from a 501c3, comes with tax benefits in the US. it'd also be a way for ten31 to support the companies in their portfolio without increasing their risk in an early stage startup.
So ten31 and open sats invest in the exact same companies? And all the board members in open sats are also part of ten31?
no. that's the thing. there is I think person from ten31 who is on the board of opensats. the guy who started opensats haha and if there is an overlap in companies, then it's minimal. much of opensats goes to developers, not usually companies.
I’m open to being wrong about Odell but holy shit you gotta provide some decent evidence. Throwing out a 30 second sound clip from a podcast where Odell says nothing is dumb. He could legitimately be trying to save face for Michael Saylor. What is left for Odell to argue publicly about with Saylor if ark committed to donating anyway? I think it’s much more reasonable to assume that Saylor changed his mind and told ark to support open sats.
yeah that sounds reasonable. let's be clear here, i am not the one criticizing odell. i don't think anything untoward is going on. i was just explaining what i think some people's concerns might be.
Oh yeah I know. Seems like op won’t respond though lol
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