Sorry for missing this (have turned email notifications on my post on now).
I agree that the EA community is not suited to evaluate the idea. VC’s are, but they seek an ROI so they might like the idea so won’t fund it. Based on the talks we had so far I’m pretty sure this idea would receive seed funding if it could provide ROI.
Over generalizing here, but the EA community or wealthy EA’s can fund it, but not evaluate it. VC’s can evaluate it, but can’t fund it. Is it a thought to see if we can combine the two somehow? EA works with investors that can evaluate profit for non-profit ideas and if they think they have potential EA can fund it?
I have researched counterfactual (spoke to 80K and Charity Entrepeneurship) and I do not believe it’s much higher (or higher at all) for me. The odds of success of this endeavor are low, but the potential profits we can donate to effective charities are huge.
P.S. great that you like the blog post and sharing will help us!
Hi Mathias,
Sorry for missing this (have turned email notifications on my post on now).
I agree that the EA community is not suited to evaluate the idea. VC’s are, but they seek an ROI so they might like the idea so won’t fund it. Based on the talks we had so far I’m pretty sure this idea would receive seed funding if it could provide ROI.
Over generalizing here, but the EA community or wealthy EA’s can fund it, but not evaluate it. VC’s can evaluate it, but can’t fund it. Is it a thought to see if we can combine the two somehow? EA works with investors that can evaluate profit for non-profit ideas and if they think they have potential EA can fund it?
I have researched counterfactual (spoke to 80K and Charity Entrepeneurship) and I do not believe it’s much higher (or higher at all) for me. The odds of success of this endeavor are low, but the potential profits we can donate to effective charities are huge.
P.S. great that you like the blog post and sharing will help us!