Thanks for reading and for the support! I like suggestion of a prize, which could encourage some risk-taking but also orient investment towards an objectively defined goal. Another way to extend the model would be for more and more venture philanthropists to explicitly adopt this strategy of funding projects that push towards GiveWell listing, recognizing that this is their opportunity to “exit” (IE—move on to funding other promising projects).
Thanks for reading and for the support! I like suggestion of a prize, which could encourage some risk-taking but also orient investment towards an objectively defined goal. Another way to extend the model would be for more and more venture philanthropists to explicitly adopt this strategy of funding projects that push towards GiveWell listing, recognizing that this is their opportunity to “exit” (IE—move on to funding other promising projects).