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giancarlostoroyesterday at 8:02 PM2 repliesview on HN

> capital left unspent at review counts for nothing

This sounds like a bad idea. Like if the model feels like it has to spend its budget.


Replies

oogaliyesterday at 9:07 PM

It's the same incentive that exists in certain corporations and government agencies which have a use-it-or-lose-it budgeting model.

https://www.nber.org/digest/mar14/use-it-or-lose-it-budget-r...

https://www.cnn.com/2026/03/12/politics/use-it-or-lose-it-pe...

show 1 reply
dahdumyesterday at 8:21 PM

It can be better to lose it all trying than return a small fraction to investors.