A wonderful post and thank you for sharing this inside view, Linch!
“I think that more than half of the impact I have via my EAIF grantmaking is through the top 25% of the grants I make. And I am able to spend more time on making those best grants go better, by working on active grantmaking or by advising grantees in various ways.”—Buck
It’s very interesting to see the correlates between VC funding and grants from EA organizations (and both can probably learn from each other). As Reid Hoffman mentions in Blitzscaling (I cannot find the quote a.t.m.), a VC wants organizations to blitzscale because they know most will fail (EA ~have 0.01x impact) and that nearly all their earnings will come from very few of their investments (EA ~have 100x impact).
A wonderful post and thank you for sharing this inside view, Linch!
It’s very interesting to see the correlates between VC funding and grants from EA organizations (and both can probably learn from each other). As Reid Hoffman mentions in Blitzscaling (I cannot find the quote a.t.m.), a VC wants organizations to blitzscale because they know most will fail (EA ~have 0.01x impact) and that nearly all their earnings will come from very few of their investments (EA ~have 100x impact).