1. It’s unclear what the legal status of EV will be at the end of the process. If it does exist, I expect it would be in a minimalist fashion and I wouldn’t expect it to resemble what it has historically looked like (e.g. I don’t expect it to be a fiscal sponsor for multiple projects).
2. No specific timeline. It’s in a queue with other pieces of public communications I expect to do after I transition into a new role at CEA, and I’m not planning on it being the first piece.
Thanks to the search committee, the CEA team, the boards, and the kind commenters—I’m looking forward to joining the team!
I’m planning to publish some forum posts as I get up to speed in the role, and I think those will be the best pieces to read to get a sense of my views. If it’s helpful for getting a rough sense of timing, I’m still working full-time on EV at the moment, but will transition into my CEA role in mid-February.
Cross posting from here
Thanks for flagging! New donations won’t be used for this settlement. The funding for the settlements has already been secured, and none of EV’s projects will need to allocate any additional funding. Besides funding that came from FTX, no funds that have previously been donated to a specific project will be used as part of this settlement.
As noted by Jason, the EV US settlement remains subject to court approval, and we won’t be commenting on it further while the settlement process is still underway. With that being said, we didn’t want any misunderstandings to disrupt CEA’s fundraising efforts in the meantime.
Also, as a minor correction, the motion to approve the settlement was not filed by EV US – it was filed by the FTX debtors (this is standard practice for approval of settlements in bankruptcy cases).
Thanks for flagging! New donations won’t be used for this settlement. The funding for the settlements has already been secured, and none of EV’s projects will need to allocate any additional funding. Besides funding that came from FTX, no funds that have previously been donated to a specific project will be used as part of this settlement.
As noted by Jason, the EV US settlement remains subject to court approval, and we won’t be commenting on it further while the settlement process is still underway. With that being said, we didn’t want any misunderstandings to disrupt CEA’s fundraising efforts in the meantime.
Zach (Interim CEO of EV US) here. We’d still like to get out more information on EV’s communications and policies. There have been a number of personnel changes and other updates that have made this take longer than intended when the original post was written, but it’s on our to do list.
I want to flag for Forum readers that I am aware of this post and the associated issues about FTX, EV/CEA, and EA. I have also reached out to Becca directly.
I started in my new role as CEA’s CEO about six weeks ago, and as of the start of this week I’m taking a pre-planned six-week break after a year sprinting in my role as EV US’s CEO[1]. These unusual circumstances mean our plans and timelines are a work in progress (although CEA’s work continues and I continue to be involved in a reduced capacity).
Serious engagement with and communication about questions and concerns related to these issues is (and was already) something I want to prioritize, but I want to wait to publicly discuss my thoughts on these issues until I have the capacity to do so thoroughly and thoughtfully, rather than attempt to respond on the fly. I appreciate people may want more specific details, but I felt that I’d at least respond to let people know I’ve acknowledged the concerns rather than not responding at all in the short-term.
It’s unusual to take significant time off like this immediately after starting a new role, but this is functionally a substitute for me not taking an extended break between roles. For some banal logistical reasons, it made more sense for me to start and then take time off.