What will likely happen with different levels of fundraising success, e.g. if you raise less than the target how do you scale down, if you raise more, how do you scale up?
A comment not a question (but feel free to respond): letâs imagine Pause AI US doesnât get much funding and the org dies, but then in two years someone wants to start something similarâthis would seem quite inefficient and bad. Or conversely that Pause AI US getâs lots of funding and hires more people, and then funding dries up in a year and they need to shrink. My guess is there is an asymmetry where an org shrinking for lack of funding is more bad than growing with extra funding, which I suppose leans towards growing slower with a larger runway, but not sure about this.
The minimal PauseAI US is me making enough to live in the Bay Area. As long as Iâm keeping the organization alive, much of the startup work will not be lost. Our 501(c)(3) and c4 status would come in in the next year, Iâd continue to use the systems set up by me and Lee, and Iâd be able to keep a low amount of programming going while fundraising. I intend to keep PauseAI US alive unless I absolutely canât afford it or I became convinced I would never be able to effectively carry out our interventions.
Fundraising scenarios
What will likely happen with different levels of fundraising success, e.g. if you raise less than the target how do you scale down, if you raise more, how do you scale up?
A comment not a question (but feel free to respond): letâs imagine Pause AI US doesnât get much funding and the org dies, but then in two years someone wants to start something similarâthis would seem quite inefficient and bad. Or conversely that Pause AI US getâs lots of funding and hires more people, and then funding dries up in a year and they need to shrink. My guess is there is an asymmetry where an org shrinking for lack of funding is more bad than growing with extra funding, which I suppose leans towards growing slower with a larger runway, but not sure about this.
The minimal PauseAI US is me making enough to live in the Bay Area. As long as Iâm keeping the organization alive, much of the startup work will not be lost. Our 501(c)(3) and c4 status would come in in the next year, Iâd continue to use the systems set up by me and Lee, and Iâd be able to keep a low amount of programming going while fundraising. I intend to keep PauseAI US alive unless I absolutely canât afford it or I became convinced I would never be able to effectively carry out our interventions.