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We are actually doing this! For all the reasons you mention and more.
We’ll be announcing the specifics relatively soon, but in the meantime, we’re incubating an EA-hiring agency for longtermists with an initial focus on PAs and are working on finding a founder for this. We are also incubating a promising woman for an as-yet-unspecified charity.
Our model will be similar to CE but adjusted based on the different needs of longtermism and the lessons I learned from CE’s limiting factors.
We will soon be fundraising to increase our capacity to take on more incubatees. Details to be announced soon.
Cool idea! I think there are some others that are also thinking about this, and they would probably love a helping hand:) More info in DM
Thank you Jonas for linking to this article on the EA Entrepreneurs Slack Group and thank you Paal, for tagging me in Slack to draw my attention to it.
Also, thank you for linking to What we learned from a year incubating longtermist entrepreneurship. I wasn’t previously aware of this article. I would have been if I’d searched the EA Forum using The Entrepreneurshiptag which:
Simon Haberfellner and I talked yesterday about a post-Covid plan to foster more meaningful connections between EA Entrepreneurs, EA communities and non-EA Customers, Angels and VCs. One super-nerdy metaphor we’ve adopted is a Fourier Transform of EAG/EAGx/EA Retreats into an extended EA Vacation a small group of EA participants spends in an EA Host City. We are still working the creativity alchemy on the idea!
Another idea which might lead to Longtermist Entrepreneurship would be to scout the landscape for EAs interested in investing in the startup scene. For example, for students:
Front Row Ventures (FRV) is a Canadian student-run, university-focused venture capital fund
Black Gen Capital (BGC) is a 100% minority-owned student investment fund in the US
Student Investment Funds exist at: University of Waterloo, University of New Brunswick, Mount Royal University and many more Canadian Universities (honestly, I didn’t even know these last two places had universities—aside: maybe this is why anti-Toronto sentiment runs high in small town Canada!)
Someone wrote How to Start and Run a Student-Managed SRI Fund (I only skimmed it, but it has 37 footnotes, so they probably did way more research than I’m capable of)
Questions you could explore:
Do such student-run funds also exist in Europe, Africa, Asia-Pacific and Latin America?
How would an EA who is a student join such a fund? Are they only for finance students?
Are there any EAs already involved in these funds? If not, would outreach in this direction be cost-effective?
What would be required to start a Longtermist Student-Managed Fund at University X? Which universities would be good candidates? A ranking table might reveal UNB and MRU to be contenders after all…
I’d be keen to hear about this as well.