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MichaelDickens comments on Update on Effective Altruism Funds - Effective Altruism Forum

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Comment author: MichaelDickens  (EA Profile) 24 April 2017 03:11:23AM 4 points [-]

There's no shortage of bad ventures in the Valley

Every time in the past week or so that I've seen someone talk about a bad venture, they've given the same example. That suggests that there is indeed a shortage of bad ventures--or at least, ventures bad enough to get widespread attention for how bad they are. (Most ventures are "bad" in a trivial sense because most of them fail, but many failed ideas looked like good ideas ex ante.)

Comment author: Daniel_Eth 24 April 2017 04:32:46AM 3 points [-]

Or that there's one recent venture that's so laughably bad that everyone is talking about it right now...