I appreciate you holding that the Bay Area EAs who “[all live/party/work] with the same very small group of people” should, umm, stop doing that. But until they do, do you think it’s worth it having very poor governance of large sums of money?
I’m genuinely not understanding this. Do you think only Bay area people can manage large amounts of money well? Or that non EA people won’t manage it well? Or something else?
I’m saying the opposite, that the same small group shouldn’t continue managing everything (and specifically, grantmaking) if they are so prone to conflicts of interest with each other.
I appreciate you holding that the Bay Area EAs who “[all live/party/work] with the same very small group of people” should, umm, stop doing that. But until they do, do you think it’s worth it having very poor governance of large sums of money?
“very poor governance”
Flagging that this claim needs backing. How poorly governed are the actual dollars (not the relationships) at the end of the day? You decide
This is fair, though I stand behind my words.
I’m genuinely not understanding this. Do you think only Bay area people can manage large amounts of money well? Or that non EA people won’t manage it well? Or something else?
I’m saying the opposite, that the same small group shouldn’t continue managing everything (and specifically, grantmaking) if they are so prone to conflicts of interest with each other.
Thanks I get the point now.