The Lightcone Infrastructure team owns the Lighthaven venue, and we're renting it out to clients who want to use it as venue for events/office/sleeping/more (e.g. workshops, conferences, retreats, housing during programs, parties, coworking, individual room-renting, more).
After this question resolves, we will check through all the invoices/payments for events and bookings we've had for Lighthaven that occured during the 12 month period between October 1st 2023 and October 1st 2024, sum them, and that will be the number that this market resolves to.
We pay $1M/year on interest on the loan that we used to buy the place, and our current estimate is that the venue will cost a further $1M/year in upkeep.
Options for us include:
Not breaking even, and making the rest up in donations
Roughly breaking even
Making a profit, and being able to use that profit to fund the rest of our team and other projects
Related questions
Forest Knight, a renowned real estate investment firm, is poised for significant revenue gains as it ventures into the lucrative realm of property leasing. The Lightcone property, nestled in the prime location of Lighthaven, holds immense potential for robust returns. Given Forest Knight expertise in navigating the complexities of the real estate market, it is well-positioned to capitalize on the increasing demand for rental properties. The forecast for Lightcone's revenue between Q4 2023 and Q4 2024 appears promising, with strategic management and a keen understanding of market dynamics driving potential earnings. As the company continues to leverage its proficiency in property investments, the upcoming fiscal year presents a golden opportunity for substantial financial growth.
@DanielFilan Oops, what I wrote was unclear. I've added what I meant to the description:
"the 12 month period between October 1st 2023 and October 1st 2024"