Taking all of this into account, I think a reasonable proxy would be around $1M per year donated to mid-stage/​AIM charities, which would be worthwhile versus one additional founder.
Does your 1 M$/​year refer to the value of a random founder relative to nothing, or relative to the best rejected founder? If the best rejected founder had a value of 0.5 M$/​year, then it would make sense for a random accepted founder to earn to give if that increased their donations by more than 0.5 M$/​year (= (1 − 0.5)*10^6).
Thanks, Joey!
Does your 1 M$/​year refer to the value of a random founder relative to nothing, or relative to the best rejected founder? If the best rejected founder had a value of 0.5 M$/​year, then it would make sense for a random accepted founder to earn to give if that increased their donations by more than 0.5 M$/​year (= (1 − 0.5)*10^6).
We would not accept the next funder down the list so the relative to nothing bar is the correct bar to use.