EA VCs are going to assign different values to outcomes than a traditional VC would. For a traditional VC, a founder with a 1% change of making a billion dollars is as good as a founder with a 1% change of making a billion dollars and a 100% chance of donating most of that money to cost-effective charities. EAs value the second entrepreneur far more than the first.
True, but it depends on how much money an EA founder would donate in expectation, and whether this outweighs better expected returns available from non-EA startups. Meal Squares sounds like it might be a good test case to consider.
True, but it depends on how much money an EA founder would donate in expectation, and whether this outweighs better expected returns available from non-EA startups. Meal Squares sounds like it might be a good test case to consider.