To confirm, the main difference between the “growth” and “optimal growth” budget is the extension of the time period from 12 to 18 months? [I ask because I had missed the difference in length specification at first glance; without that, it would look like the biggest difference was paying staff about 50% more given that the number of FTEs is the same.]
Thanks! Yes, that’s right.
‘Lean’ is small team, 12 month budget.
‘Growth’ is growing the team, 12 month budget.
‘Optimal growth’ is just ‘growth’, but 18 month budget.
I’m now wondering if we should use different names...
“Growth + more runway”? (plus a brief discussion of why you think adding +6 months runway would increase impact). Optimal could imply a better rate of growth, when the difference seems to be more stability.
Anyway, just donated—although the odds of me moving away from GiveWell-style projects for my object-level giving is relatively modest, I think it’s really important to have a good range of effective options for donors with various interests and philosophical positions.
To confirm, the main difference between the “growth” and “optimal growth” budget is the extension of the time period from 12 to 18 months? [I ask because I had missed the difference in length specification at first glance; without that, it would look like the biggest difference was paying staff about 50% more given that the number of FTEs is the same.]
Thanks! Yes, that’s right. ‘Lean’ is small team, 12 month budget. ‘Growth’ is growing the team, 12 month budget. ‘Optimal growth’ is just ‘growth’, but 18 month budget.
I’m now wondering if we should use different names...
The first two are good.
“Growth + more runway”? (plus a brief discussion of why you think adding +6 months runway would increase impact). Optimal could imply a better rate of growth, when the difference seems to be more stability.
Anyway, just donated—although the odds of me moving away from GiveWell-style projects for my object-level giving is relatively modest, I think it’s really important to have a good range of effective options for donors with various interests and philosophical positions.