As for point one, I suppose it might be that FLIs board would not allow the transaction. I don’t know about FLIs governance but the org is presumably not supposed to be his personal wallet.
(Sort of starting another thread here), based on my knowledge of how effective, reasonable boards function, I think there is a good chance there would be no governance you are describing for a number of reasons, and such governance when it occurs is usually performative. More subtly, this is not a defect, this is what should be done and how things are done in practice.
My guess is that this would have gone through (80%). In this case, having a strong singular founder and a billionaire donor increases the chances this goes through. Tegmark’s other communications choices, add to my sense this (I don’t have time to elaborate, they aren’t severe, but suggest a low sense of discipline and a sense of personal esteem).
I could be wrong (contrary evidence that would change my mind would be past actions or an unusually strong board member).
As for point one, I suppose it might be that FLIs board would not allow the transaction. I don’t know about FLIs governance but the org is presumably not supposed to be his personal wallet.
(Sort of starting another thread here), based on my knowledge of how effective, reasonable boards function, I think there is a good chance there would be no governance you are describing for a number of reasons, and such governance when it occurs is usually performative. More subtly, this is not a defect, this is what should be done and how things are done in practice.
My guess is that this would have gone through (80%). In this case, having a strong singular founder and a billionaire donor increases the chances this goes through. Tegmark’s other communications choices, add to my sense this (I don’t have time to elaborate, they aren’t severe, but suggest a low sense of discipline and a sense of personal esteem).
I could be wrong (contrary evidence that would change my mind would be past actions or an unusually strong board member).
Yeah, I moved to 95% of “no governance action that would stop a high effort by Tegmark to execute this grant”, after checking the website.
This seems like a well-informed take, thanks.