Tuesday, 13 November 2012

SMBC on inefficiency

Last week, the kids' daycare started fundraising for some new piece of kit, soliciting donations for some hamper that would be raffled to the parents. Not wanting the hassle of buying anything or of potentially winning a bundle of random stuff I likely wouldn't want, I just gave them cash and asked for no raffle tickets. So I loved it when Keith Ng pointed me to this yesterday.

Yes, Keith. Yes indeed. I'm glad that the kids' daycare puts up with me.
Posted by Eric Crampton at 10:40:00
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1 comment:

  1. Todd KuipersTue Nov 13, 10:56:00 am GMT+13

    What's nuts is how hard it is to actually to get some orgs to actually just take the damn cash. When you consider the margin on some of these selling processes is about 10%, it's truly bizarre.

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