You can also borrow against the future prize or impact purchase, e.g. as Goldman Sachs allows you to do (in some limited cases). This moves the risk onto diversified private investors.
That’s pretty cool, but it seems mostly focused around supporting government agencies using this as an alternative funding mechanism to save money or defer costs or avoid paying for undelivered services, thus improving government spending efficiency. I wonder what it would take to develop that into something that would support a wider range of funding sources? Seems like something someone with some expertise and experience in finance could potentially pioneer as a neglected way to generally support EA.
You can also borrow against the future prize or impact purchase, e.g. as Goldman Sachs allows you to do (in some limited cases). This moves the risk onto diversified private investors.
That’s pretty cool, but it seems mostly focused around supporting government agencies using this as an alternative funding mechanism to save money or defer costs or avoid paying for undelivered services, thus improving government spending efficiency. I wonder what it would take to develop that into something that would support a wider range of funding sources? Seems like something someone with some expertise and experience in finance could potentially pioneer as a neglected way to generally support EA.