Thank you sharing your thoughts here. We appreciate your feedback on SageWealth and how we can relate to the EA community. Some thoughts on your points:
Regarding your sentiment that “it was wrong” for us to attend EAG(x). We would like to clarify that we did not initially build SageWealth with EAs in mind. However, gradually over time, we noticed a lot of interest coming from EAs in our circle—many who were booking advisory calls and opening accounts. This eventually led to the realization that EAs could really benefit from a platform like ours, and we decided to participate in EA events. We are 100% supportive of educational platforms like “Yield & Spread”, but also noticed that most people it’s not enough to just learn about investing, and they need more guidance and a platform that helps put things into action. We understand the ‘skepticism’ that kicks-in because we are a for-profit. But the truth is that we are better able to solve people’s core problem by building a technical platform that makes the investment process easier!
Taking a step back, I think the main issue here is that there are no guidelines on how a for-profit can engage with the EA community. We simply applied and got accepted. We would be excited to be part of this conversation. I’m sensing an implicit assumption that simply by being a ‘for-profit’ that we are a corrupting force, when in reality the world is filled with businesses that are serving peoples’ needs and solving problems. We believe that we can be a positive force in the community, by helping EAs better retire and grow their wealth for donations, and don’t think our for-profit positioning runs counter to these benefits.
And lastly, we appreciate your point on nuclear energy and GMOs. This feedback is helpful, and we have now amended our sustainability article for consistency.
Hi Patrick,
Thank you sharing your thoughts here. We appreciate your feedback on SageWealth and how we can relate to the EA community. Some thoughts on your points:
Regarding your sentiment that “it was wrong” for us to attend EAG(x). We would like to clarify that we did not initially build SageWealth with EAs in mind. However, gradually over time, we noticed a lot of interest coming from EAs in our circle—many who were booking advisory calls and opening accounts. This eventually led to the realization that EAs could really benefit from a platform like ours, and we decided to participate in EA events. We are 100% supportive of educational platforms like “Yield & Spread”, but also noticed that most people it’s not enough to just learn about investing, and they need more guidance and a platform that helps put things into action. We understand the ‘skepticism’ that kicks-in because we are a for-profit. But the truth is that we are better able to solve people’s core problem by building a technical platform that makes the investment process easier!
Taking a step back, I think the main issue here is that there are no guidelines on how a for-profit can engage with the EA community. We simply applied and got accepted. We would be excited to be part of this conversation. I’m sensing an implicit assumption that simply by being a ‘for-profit’ that we are a corrupting force, when in reality the world is filled with businesses that are serving peoples’ needs and solving problems. We believe that we can be a positive force in the community, by helping EAs better retire and grow their wealth for donations, and don’t think our for-profit positioning runs counter to these benefits.
And lastly, we appreciate your point on nuclear energy and GMOs. This feedback is helpful, and we have now amended our sustainability article for consistency.