It’s worth noting that I only believe this under the assumption that the individual donors know about some specific opportunities that the fund managers are unaware of, or perhaps have significant worldview differences with the fund managers.
The long-term future fund can only give to people who apply for funding though (right?) whereas someone who wins a donor lottery can give literally anywhere. This seems another reason why a donor lottery winner might give better?
I don’t really think there’s a difference between the two:
The LTFF can encourage anyone to apply. Several of the grants of the current round are a result of proactive outreach to specific individuals. (This still involves filling in the application form, but that’s just because it’s slightly lower-effort than exchanging the same information via email.)
A donor lottery winner can only grant to individuals who submit due diligence materials to CEA, which also involves filling in some forms.
The long-term future fund can only give to people who apply for funding though (right?) whereas someone who wins a donor lottery can give literally anywhere. This seems another reason why a donor lottery winner might give better?
I don’t really think there’s a difference between the two:
The LTFF can encourage anyone to apply. Several of the grants of the current round are a result of proactive outreach to specific individuals. (This still involves filling in the application form, but that’s just because it’s slightly lower-effort than exchanging the same information via email.)
A donor lottery winner can only grant to individuals who submit due diligence materials to CEA, which also involves filling in some forms.
OK thanks that makes sense