It’s reasonable to conclude that if there are enough viable major sources of seed funding in an area, those sources make decisions independently enough of each other, and an organization has struck out with ~all of them, that is probably a signal that the org should not move forward with making a public appeal. I don’t think we significantly disagree on what a public appeal would ideally look like, either.
I think points that may or may not be cruxes include:
I suspect that I have a somewhat higher threshold for what I’d consider enough (and independent-enough-of-each-other) viable funding sources to justify the kind of inference described above.
Where an organization moves forward with a public appeal earlier in its life cycle than ideal due to the lack of / limited number of “existing” seed funders in that area, I would expect less of their public appeal in certain aspects. Specifically, their answers to some of your questions are likely going to be less developed than they could be if the org had better seed funding prior to a public appeal.
Or, less flippantly, this seems to me what EA Funds and the other granting groups that give seed funding do.
Conditional on “Alice is reading Org’s public appeal for funding and deciding whether to give,” it seems that Alice has previously (and at least implicitly) decided not to defer to EA Funds or a similar organization for some reason or another.[1]
Of course, Alice could decide to ignore a randomly-selected community jury too! But:
Some reasons Alice may have for not deferring to something like EA Funds may not apply to a ~random jury (e.g., believing that the expert grantmaker already has too much centralized influence over the ecosystem, or makes decisions that are too correlated with the decisions of someone who does); and
Moreover, in my comment the random jury had only an advisory function, and deferring to a third party to winnow down the options (or even make affirmative recommendations) requires less trust than empowering someone to make a final decision without the donor’s oversight and approval.
A funding circle with a shared initial screening process is probably the closest extant analogue to what I was gesturing at.
It’s reasonable to conclude that if there are enough viable major sources of seed funding in an area, those sources make decisions independently enough of each other, and an organization has struck out with ~all of them, that is probably a signal that the org should not move forward with making a public appeal. I don’t think we significantly disagree on what a public appeal would ideally look like, either.
I think points that may or may not be cruxes include:
I suspect that I have a somewhat higher threshold for what I’d consider enough (and independent-enough-of-each-other) viable funding sources to justify the kind of inference described above.
Where an organization moves forward with a public appeal earlier in its life cycle than ideal due to the lack of / limited number of “existing” seed funders in that area, I would expect less of their public appeal in certain aspects. Specifically, their answers to some of your questions are likely going to be less developed than they could be if the org had better seed funding prior to a public appeal.
Conditional on “Alice is reading Org’s public appeal for funding and deciding whether to give,” it seems that Alice has previously (and at least implicitly) decided not to defer to EA Funds or a similar organization for some reason or another.[1]
Of course, Alice could decide to ignore a randomly-selected community jury too! But:
Some reasons Alice may have for not deferring to something like EA Funds may not apply to a ~random jury (e.g., believing that the expert grantmaker already has too much centralized influence over the ecosystem, or makes decisions that are too correlated with the decisions of someone who does); and
Moreover, in my comment the random jury had only an advisory function, and deferring to a third party to winnow down the options (or even make affirmative recommendations) requires less trust than empowering someone to make a final decision without the donor’s oversight and approval.
A funding circle with a shared initial screening process is probably the closest extant analogue to what I was gesturing at.
Or a funding circle may not have a mechanism for someone to donate three, four, or maybe even low five figures.