I donât think itâs as much of a transparency concern if Good Ventures neglects to say that they would otherwise give the money to âopportunity they consider approximately as valuableâ next year, than if they were literally going to donate $5 million that year regardless of how much the public donated.
I agree that itâs not as bad, but Iâm trying to look at things from the perspective of someone whoâs considering someone elseâs offer to match. From that perspective thereâs not actually that much difference between âcounterfactually null match because of precommitment to give $5Mâ and âcounterfactually null match because the unmatched money went to something of nearly equal value to youâ.
I agree that itâs not as bad, but Iâm trying to look at things from the perspective of someone whoâs considering someone elseâs offer to match. From that perspective thereâs not actually that much difference between âcounterfactually null match because of precommitment to give $5Mâ and âcounterfactually null match because the unmatched money went to something of nearly equal value to youâ.
Yeah, I think we agree on everything except possibly what âcounterfactually validâ should mean.