TL;DR: Get others to predict the grant maker’s answer. But not with a prediction market.
Longer:
Today an EA told me their funding request got rejected and they got no feedback about it. (Frustrating!)
They asked me to help them guess why they were rejected, and I offered some different ideas (one was “this specific fund doesn’t know how to vet [some aspect of your idea]”.
Wouldn’t it be great if the original grant maker could review what I wrote, and respond with correct/incorrect, or maybe mark the part that was most correct if any?
This way,
The applicant would get some feedback
We’d find out if I can correctly predict what grant makers would say (which would suggest maybe I could be a grant maker)
I would personally submit 10 such guesses (on tech ideas), just as a way to test my ability, for the small chance I’d be any good.
Would some grant maker comment on this? I know nothing about your domain (except that it’s confusing)
A few quick things: - I agree that many grantmakers don’t have enough time to give much feedback, and that this leads to suboptimal outcomes. - I think it’s pretty difficult for people outside these organizations to help much with what are basically internal processes. People outside have very little context, so I would expect them to have a tough time suggesting many ideas. - In this specific proposal, I think it would be tricky for it to help much. A lot of what I’ve seen (which isn’t all too much) around grant applications is about people sharing the negative information they have about applicants. I imagine this would be exceedingly awkward to show publicly.
If people want to help with the larger grantmaking process, some things they could do include:
Advise groups requesting money. See if you could provide useful feedback (I think many groups could use a bigger team of advisors)
Help newish people to write more content on the EA Forum and similar. This can be a proving ground for some grant organizations.
I’m the person Yonatan is referring to. His feedback and your general feedback are very helpful, so thank you for that! I have been a lurker within EA for years and will write more content on the EA forum, including requesting feedback on the idea (soon). Hopefully that will help, although I don’t know because I didn’t get feedback.
Before I move into why I think grant makers should provide short feedback I want to be clear: I’m completely comfortable with being rejected and I completely understand that grant makers are very busy.
Having said that, I think grant makers should feedback the applications they reject. It doesn’t have to be more than 1-2 lines and one minute to write. I have applied to EA 6 months ago and got rejected and applied again last month and got rejected again. I had a lot of encouraging talks with EA’s (although criticism as well) and was more convinced this was going to get funding. I have no idea if they hated the idea and they think it will never work, or if they think it doesn’t fit them, they are not able to evaluate properly, etc. The potential impact of knowing why is very large. It might help me improve the idea, maximize the impact or pursue other paths that are more impactful and effective. I think that one minute feedback has a high expected value. Knowing why will also help me decide whether to reapply or not, either saving the grant makers future time if I don’t or improving the idea so it has more impact if I do. Feedback might help EA get less reapplications of higher quality, increasing overall impact and reducing the time to review. Win-win?
Here’s my super quick take, if I were evaluating this for funding:
Startups are pretty competitive. For me to put money into a business venture, I’d want quite a bit of faith that the team is very strong. This would be pretty high bar.
From looking at this, it’s not clear to me promising the team is at this point.
Generally, the bar for many sorts of projects is fairly high.
Meta Grant Making Idea
TL;DR: Get others to predict the grant maker’s answer. But not with a prediction market.
Longer:
Today an EA told me their funding request got rejected and they got no feedback about it. (Frustrating!)
They asked me to help them guess why they were rejected, and I offered some different ideas (one was “this specific fund doesn’t know how to vet [some aspect of your idea]”.
Wouldn’t it be great if the original grant maker could review what I wrote, and respond with correct/incorrect, or maybe mark the part that was most correct if any?
This way,
The applicant would get some feedback
We’d find out if I can correctly predict what grant makers would say (which would suggest maybe I could be a grant maker)
I would personally submit 10 such guesses (on tech ideas), just as a way to test my ability, for the small chance I’d be any good.
Would some grant maker comment on this? I know nothing about your domain (except that it’s confusing)
Thx!
A few quick things:
- I agree that many grantmakers don’t have enough time to give much feedback, and that this leads to suboptimal outcomes.
- I think it’s pretty difficult for people outside these organizations to help much with what are basically internal processes. People outside have very little context, so I would expect them to have a tough time suggesting many ideas.
- In this specific proposal, I think it would be tricky for it to help much. A lot of what I’ve seen (which isn’t all too much) around grant applications is about people sharing the negative information they have about applicants. I imagine this would be exceedingly awkward to show publicly.
If people want to help with the larger grantmaking process, some things they could do include:
Advise groups requesting money. See if you could provide useful feedback (I think many groups could use a bigger team of advisors)
Help newish people to write more content on the EA Forum and similar. This can be a proving ground for some grant organizations.
I’m the person Yonatan is referring to. His feedback and your general feedback are very helpful, so thank you for that! I have been a lurker within EA for years and will write more content on the EA forum, including requesting feedback on the idea (soon). Hopefully that will help, although I don’t know because I didn’t get feedback.
Before I move into why I think grant makers should provide short feedback I want to be clear: I’m completely comfortable with being rejected and I completely understand that grant makers are very busy.
Having said that, I think grant makers should feedback the applications they reject. It doesn’t have to be more than 1-2 lines and one minute to write. I have applied to EA 6 months ago and got rejected and applied again last month and got rejected again. I had a lot of encouraging talks with EA’s (although criticism as well) and was more convinced this was going to get funding. I have no idea if they hated the idea and they think it will never work, or if they think it doesn’t fit them, they are not able to evaluate properly, etc. The potential impact of knowing why is very large. It might help me improve the idea, maximize the impact or pursue other paths that are more impactful and effective. I think that one minute feedback has a high expected value. Knowing why will also help me decide whether to reapply or not, either saving the grant makers future time if I don’t or improving the idea so it has more impact if I do. Feedback might help EA get less reapplications of higher quality, increasing overall impact and reducing the time to review. Win-win?
If I could ask EA Infra Fund one binary question about your grant, it would be “did you reject me because this idea is not in your domain?”
Here’s the full idea:
https://forum.effectivealtruism.org/posts/A4hEM9ipq5aMeB7js/ea-startup-non-profit-sustainable-marketplace
Here’s my super quick take, if I were evaluating this for funding:
Startups are pretty competitive. For me to put money into a business venture, I’d want quite a bit of faith that the team is very strong. This would be pretty high bar.
From looking at this, it’s not clear to me promising the team is at this point.
Generally, the bar for many sorts of projects is fairly high.
Ok, for the record this is very far from my guess.
The closest thing I said was “Intra Fund don’t know how to evaluate startups, and specifically market places”
Update: A
grant maker[Edit: They said this is a bad description of them] told me why this wouldn’t workAre you able to relay what they said about why it wouldn’t work?
I asked for permission now to share it
See Ozzie’s comment above