It is a cone shape, so it will grind a slight hollow (a conic, not a radius, for you geometry nuts) which become a tighter bend as it approaches the center. But it's a very slight curve.
Something to consider is a perfectly flat disk will never grind a perfectly flat surface if there is any wobble in your setup at all. The resulting surface is going to have a little bit of a crown in it. Nobody can hold something in their hands perfectly flat and this can be easily verified with an accurate straight edge and a strong light source. So, starting with a very slightly hollow grind might offset that a little. Meaning, in the end, I think that for most applications it's probably just as good. Nothing is ever perfect, even when done on high precision machines, which an offhand grind is not.