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Select examples of adverse selection in longtermist grantmaking — EA Forum

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Sometimes, there is a reason other grantmakers aren't funding a fairly well-known EA (-adjacent) project. This post is written in a professional capacity, as a volunteer/sometimes contractor for EA Funds’ Long-Term Future Fund (LTFF), which is a fiscally sponsored project of Effective Ventures Foundation (UK) and Effective Ventures Foundation USA Inc. I am not and have never been an employee at either Effective Ventures entity. Opinions are my own and do not necessarily represent that of any of my employers or of either Effective Ventures entity. I originally wanted to make this post a personal shortform, but Caleb Parikh encouraged me to make it a top-level post instead. There is an increasing number of new grantmakers popping up, and also some fairly rich donors in longtermist EA that are thinking of playing a more active role in their own giving (instead of deferring). I am broadly excited about the diversification of funding in longtermist EA. There are many advantages of having a

Austin 2y 32 6 4 2 I really appreciated this list of examples and it's updated me a bit towards checking in with LTFF & others a bit more. That said, I'm not sure adverse selection is a problem that Manifund would want to dedicate significant resources towards solving. One frame: is longtermist funding more like "admitting a Harvard class/YC batch" or more like "pre-seed/seed-stage funding"? In the former case, it's more important for funders to avoid bad grants; the prestige of the program and its peer effects are based on high average quality in each cohort. In the latter case, you are "blac

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