'He remembers the quip from a former dean: “The endowment is the gift that keeps on taking.”'

I was working in digital libraries circa 2005 and we had that bubble pop when people understood the business model was "get a $100,000 grant and spend $20,000 a year maintaining the product in perpetuity." I tried to convince management that if these were part of a system designed for maintenance in mind we could get that $20,000 to $500-$2000 a year, but it seemed the institutional response to this situation was "let go of the most productive people and keep the least."