This seems high compared to the startup equivalent. For example, I know at Entrepreneur First they take on 100 people and they form about 20 companies—don’t know how many get seed funded but 50% seems too high.
I would guess a lot of this depends on the number of people you take on. (e.g. if we took 20 people I do not expect we would get 2-6 effective charities.) I also would guess the odds of effective charities being founded if it was not picked from our pre-researched list would be much lower, something closer to 1⁄10 − 1⁄20.
Our estimates are mostly based on our experience with charities we have founded/supported in a pretty similar way to the above. I also am unsure how to generalize from for-profit to nonprofit space. I generally think the former is much more competitive.
This seems high compared to the startup equivalent. For example, I know at Entrepreneur First they take on 100 people and they form about 20 companies—don’t know how many get seed funded but 50% seems too high.
I would guess a lot of this depends on the number of people you take on. (e.g. if we took 20 people I do not expect we would get 2-6 effective charities.) I also would guess the odds of effective charities being founded if it was not picked from our pre-researched list would be much lower, something closer to 1⁄10 − 1⁄20.
Our estimates are mostly based on our experience with charities we have founded/supported in a pretty similar way to the above. I also am unsure how to generalize from for-profit to nonprofit space. I generally think the former is much more competitive.