It’s hard to say exactly, but I’d be thinking this would be on the timescale of roughly a year (so, a spinout could happen in late 2020 or mid 2021). However, this will depend a lot on e.g. ensuring that we have the right people on the team, the difficulty of setting up new processes to handle grantmaking etc.
Re the size question – are you asking how large the EA Funds organisation itself should be, or how large the Fund management teams should be?
If the former, I’d guess that we’d probably start out with a team of two people, maybe eventually growing ~4 people as we started to rely less on CEA for operational support (roughly covering some combination of executive, tech, grantmaking support, general operations, and donor relations), and then growing further if/when demand for the product grew and more people working on the project made sense.
If the latter, my guess is that something like 3-6 people per team is a good size. More people means more viewpoint diversity, more eyes on each grant, and greater surface area for sourcing new grants, but larger groups become more difficult to manage, and obviously the time (and potentially monetary) costs increase.
I’d caveat strongly that these are guesses based on my intuitions about what a future version of EA Funds might look like rather than established strategy/policy, and we’re still very much in the process of figuring out exactly what things could look like.
I was asking about how large the EA Funds organization itself should be, but nice to get your thoughts on the management teams as well. Thank you!