I mostly view the 10% pledge as a social commitment device rather than a sensible rule for how much to donate.
strikes me as missing the fact that small donors can spend much more cognition evaluating per unit dollar and are less heavily optimized against, so there are many high EV opportunities which can ~only be picked up by small-scale donors. Especially within-network donations to support projects that are too early stage or speculative to pass grantmaker bars.
Mostly like the post, but;
strikes me as missing the fact that small donors can spend much more cognition evaluating per unit dollar and are less heavily optimized against, so there are many high EV opportunities which can ~only be picked up by small-scale donors. Especially within-network donations to support projects that are too early stage or speculative to pass grantmaker bars.