Comment by giancarlostoro
2 hours ago
> 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.
2 hours ago
> 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.
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...
It can be even worse than that, like having budget adjusted down if you don't spend it the previous year
I worked at a college, didnt make much, but it annoyed me endlessly that my pay was forever fixed unless another position opened up, we had to spend the budget on tech worth more than I would have been more than happy to have extra per year, but me getting a meaningful raise was a bridge too far for the accounting department. They even questioned if any students used our lab, which was the only way many of them got through their degree.
It can be better to lose it all trying than return a small fraction to investors.