Thanks for your thoughts, Dustin. I think it was a mistake at the time—and I said as much—to think that FTX and OpenPhil represented sufficient plurality. But I definitely didn’t think FTX would blow up as it did and given that people can only do so many things, it’s understandable that people didn’t focus enough on donor diversification.
Thanks for your thoughts, Dustin. I think it was a mistake at the time—and I said as much—to think that FTX and OpenPhil represented sufficient plurality. But I definitely didn’t think FTX would blow up as it did and given that people can only do so many things, it’s understandable that people didn’t focus enough on donor diversification.
I didn’t think of it as sufficient, but I did think of it as momentum. “Tomorrow, there will be more of us” doesn’t feel true anymore.