Saved by sari
Scaling the personal grantmaking sector · Molly Mielke
Moth is a fund focused on enabling exceptional individuals early using both grants and investment dollars. My goal is to establish a replicable funding model that aligns the economics to incentivize supporting individuals from exploration all the way through to world-shaping company.
Molly Mielke • Manifesto · Moth Fund
sari added
Until recently, idea capital in tech was constrained, and mostly only accessible by startup founders. If you had an idea for improving public society that required money and talent to execute, and you didn’t do it as a startup, you either had to get the EA community to care about it, or – as the old joke goes – convince Peter Thiel to fund it.
Nadia Asparouhova • Idea Machines
sari added
With a more decentralized structure, modern idea machines can “arm the rebels” right where they are, instead of hiring them into a foundation. The popularity of so-called regrantor programs (i.e. scout programs) reflects this trend, where talented individuals are given funding to make grants on behalf of the grantmaking organization.
Nadia Asparouhova • Idea Machines
Joey DeBruin added
Got better ways to do decision making at scale? Instead of spinning up yet another DAO that will take months to make headway of its raison d’etre, how about targeting local non-profits that have been doing necessary, impactful work for years, often operating in a decentralized manner?
Rebecca Mqamelo • How do you onboard a city to web3? Part 1/n
sari added
I think of philanthropy as a type of idea marketplace for public goods, funded by private capital. Like all idea marketplaces – startups, media, philosophy – it’s inherently pluralistic. We don’t have a single government-funded media channel, for example, but instead get our news, entertainment, and ideas from a multitude of sources.
Nadia Asparouhova • Idea Machines
sari added
If philanthropy is pluralistic – and, like any idea marketplace, that is one of its virtues – then there is no single school of thought that can “solve” complex social questions, because everyone has a different vision for the world. If you’re pro-pluralism in startups, you should also be pro-pluralism in philanthropy.
Nadia Asparouhova • Idea Machines
Joey DeBruin added
It seemed really natural to give more funding to people who could do more with it and to find great deals for people who had money but didn’t have differentiated or interesting portfolios.