Depends immensely on if you think there are EAs who could start billion-dollar companies, but would not be able to without EA funding. I.e. they’re great founders, but can’t raise money from VCs.
I think the core argument here is that not enough EAs try to start a company, as opposed to try and are rejected by VCs. IMO the point of seeding would be to take more swings.
Also, presumably the bar should be lower for an EA VC, because much of the founders’ stake will also go to effective charity.
I think the core argument here is that not enough EAs try to start a company, as opposed to try and are rejected by VCs. IMO the point of seeding would be to take more swings.
Also, presumably the bar should be lower for an EA VC, because much of the founders’ stake will also go to effective charity.