Agree with the spirit of this, but I’d flag that I think it’s very important to be mindful of reputational/downside risks for the EA movement. In my view, with more money (realized and prospective), the value of community integrity becomes even higher.
An example of post-IPO retail philanthropy I’m excited about is giving a friend $5k to take time off and apply to high-impact jobs. As Aaron writes, individuals know about opportunities that large funders don’t!
An example of post-IPO retail philanthropy I worry about is paying for an antagonistic media campaign against [X factory farm owner or public figure], which institutional funders could have chosen to fund but decided against due to reputational risk. If the funding is traced back to you, the movement’s reputation could be damaged by association. Even if it isn’t, new large funders may be dissuaded from getting involved if they see antagonistic or risky actions being funded in areas related to EA.
Agree with the spirit of this, but I’d flag that I think it’s very important to be mindful of reputational/downside risks for the EA movement. In my view, with more money (realized and prospective), the value of community integrity becomes even higher.
An example of post-IPO retail philanthropy I’m excited about is giving a friend $5k to take time off and apply to high-impact jobs. As Aaron writes, individuals know about opportunities that large funders don’t!
An example of post-IPO retail philanthropy I worry about is paying for an antagonistic media campaign against [X factory farm owner or public figure], which institutional funders could have chosen to fund but decided against due to reputational risk. If the funding is traced back to you, the movement’s reputation could be damaged by association. Even if it isn’t, new large funders may be dissuaded from getting involved if they see antagonistic or risky actions being funded in areas related to EA.