I’m curious if anyone else has experienced the same dilemma (maybe unlikely since I think Wave pays unusually high salaries for a role focused on direct work)
FWIW I’m in a similar position, largely because I did well in tech and have had some significant asset growth after I started doing direct work.
In addition to things you’ve mentioned, I’ve considered just funding a large fraction of Rethink’s/my team’s funding gap, though I’m confused about the epistemics/community virtues of donating to an employer [1] I’ve also considered just funding individuals who I feel really positive about giving money to and the existing sources aren’t (yet) funding[2], but a) if I don’t lower the bar, I only come across a few of these opportunities a year and b) if I do lower the bar, I worry about unpleasantness in friendships [3]
FWIW I’m in a similar position, largely because I did well in tech and have had some significant asset growth after I started doing direct work.
In addition to things you’ve mentioned, I’ve considered just funding a large fraction of Rethink’s/my team’s funding gap, though I’m confused about the epistemics/community virtues of donating to an employer [1] I’ve also considered just funding individuals who I feel really positive about giving money to and the existing sources aren’t (yet) funding[2], but a) if I don’t lower the bar, I only come across a few of these opportunities a year and b) if I do lower the bar, I worry about unpleasantness in friendships [3]
If you have decently strong inside views about Wave’s future valuation/moral impact, can you do the same thing by re-investing in Wave?
I think I almost certainly should have moved faster in every case where I seriously considered it.
“once you become known as a philanthropist, you can never tell a bad joke.”