I do indeed think there has been a pressure towards lower risk grants, am not very happy about it, and think it reduced the expected value of the fund by a lot. I am reasonably optimistic about that changing again in the future, but it’s one of the reasons why I’ve become somewhat less engaged with the fund. In particular Alex Zhu leaving the fund was I think a really great loss on this dimension.
I do indeed think there has been a pressure towards lower risk grants, am not very happy about it, and think it reduced the expected value of the fund by a lot. I am reasonably optimistic about that changing again in the future, but it’s one of the reasons why I’ve become somewhat less engaged with the fund. In particular Alex Zhu leaving the fund was I think a really great loss on this dimension.