in short, we do in fact cap the number of people in some ways, and there will be more than these four charities, and/but/also we are quite creative if we should be so lucky as to get too many people! I’ll go into more detail:
First, there are in fact two caps on the number of people in each IP cohort:
Most importantly, there is a pragmatic cap in that we do see clear tiers between the people we make offers to and the people who are close but not quite there in terms of a sufficient likelihood to launch one of the top charities we are looking to launch (like LEEP, FEM, Fortify Health etc.).
Secondly, we usually have a soft cap in that we think there is an ideal number of participants in a cohort. Given our experiments in the last years with both large and small cohorts, we currently believe it to be around 12-14 people.
Thirdly, there are many smaller, softer factors and heuristics that might lean us towards accepting or rejecting a candidate in any given round—e.g., if we have 2 animal ideas and there are 3-5 similarly strong animal candidates and a slightly weaker candidate, we might lean towards letting in the latter person as well.
Secondly, we currently expect to have at least five ideas for this Feb—March 2024 cohort (the four mentioned above, one passing over from the current IP, and perhaps one or two more we are currently considering adding). We usually don’t add “considered ideas” to the pool after deciding they didn’t make the cut as there was usually a reason they were considered, not recommended—that is, the research team looked into them and decided that they were in a lower tier than the ideas we do recommend.
Thirdly, given our past experience, that means the ideal cohort for that round would be 12-14 people. Usually about 90% of incubatees in each cohort end up founding charities while about 10% don’t find their ideal co-founder and/or idea match and/or decide this career path is not quite the right fit for them at this time.
However, if there were more than 12-14 candidates during the application process that we would be super excited to have on the program, we would find a way to make it work. We are quite pragmatic and creative.
Hi Sentient Toucan (lovely name!),
in short, we do in fact cap the number of people in some ways, and there will be more than these four charities, and/but/also we are quite creative if we should be so lucky as to get too many people! I’ll go into more detail:
First, there are in fact two caps on the number of people in each IP cohort:
Most importantly, there is a pragmatic cap in that we do see clear tiers between the people we make offers to and the people who are close but not quite there in terms of a sufficient likelihood to launch one of the top charities we are looking to launch (like LEEP, FEM, Fortify Health etc.).
Secondly, we usually have a soft cap in that we think there is an ideal number of participants in a cohort. Given our experiments in the last years with both large and small cohorts, we currently believe it to be around 12-14 people.
Thirdly, there are many smaller, softer factors and heuristics that might lean us towards accepting or rejecting a candidate in any given round—e.g., if we have 2 animal ideas and there are 3-5 similarly strong animal candidates and a slightly weaker candidate, we might lean towards letting in the latter person as well.
Secondly, we currently expect to have at least five ideas for this Feb—March 2024 cohort (the four mentioned above, one passing over from the current IP, and perhaps one or two more we are currently considering adding). We usually don’t add “considered ideas” to the pool after deciding they didn’t make the cut as there was usually a reason they were considered, not recommended—that is, the research team looked into them and decided that they were in a lower tier than the ideas we do recommend.
Thirdly, given our past experience, that means the ideal cohort for that round would be 12-14 people. Usually about 90% of incubatees in each cohort end up founding charities while about 10% don’t find their ideal co-founder and/or idea match and/or decide this career path is not quite the right fit for them at this time.
However, if there were more than 12-14 candidates during the application process that we would be super excited to have on the program, we would find a way to make it work. We are quite pragmatic and creative.
Hope this helps!
That’s way higher than I thought! You must have a great recruitment process!
What % of these incubatees found CE incubated charities? (i.e. get seed funding, support, and so on)
On your website, I see you have assisted 50+ individuals from a wide range of backgrounds in launching 27 high-impact charities. Does that mean that fewer than 10 people went through the program and didn’t start a charity? Or that there are many individuals who started non-high-impact charities? Or something else?