If we could push a button to raise at a reasonable valuation, we would do that and back the mana supply at the old rate. But it’s not that easy. Raising takes time and is uncertain.
Carson’s prior is right that VC backed companies can quickly die if they have no growth—it can be very difficult to raise in that environment.
We are trying our best to honor mana donations!
If you are inactive you have until the rest of the year to donate at the old rate. If you want to donate all your investments without having to sell each individually, we are offering you a loan to do that.
We removed the charity cap of $10k donations per month, which is going beyond what we previous communicated.