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Henry_Stanley comments on How to improve EA Funds - Effective Altruism Forum

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Comment author: Henry_Stanley 05 April 2018 12:19:55PM *  3 points [-]

I don't think the funds are trying to be anything like GiveWell

I disagree – the funds are definitely positioned as more risky than e.g. GiveWell, but nothing like as risky as you're making out. Take the Global Health and Development Fund:

Why might you choose not to donate to this fund?

Donors with a very low risk tolerance may choose to avoid this fund because the fund is empowered to take risks at the organizational level by funding unproven, but promising new charities.

Reading that, I would come away thinking that donations from that fund ought to be rigorous in a (mostly) publicly-verifiable way (more than just a conversation someone had with someone).