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Joey comments on Introducing Charity Entrepreneurship: an Incubation and Research Program for New Charities - Effective Altruism Forum

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Comment author: Khorton 06 June 2018 11:08:06AM 1 point [-]

"We believe this program has potential to found 1-3 GiveWell incubation/ACE recommended equivalent charities a year." How many applicants are you expecting to mentor each year? Or put another way, what percentage of new charities you support do you expect to become top charities?

Comment author: Joey 06 June 2018 05:42:31PM 3 points [-]

I expect ~10 people to attend the camp although I do not expect 100% of them will start charities (I would guess ~60% would). Out of charities founded I expect about 50% of them would be GiveWell incubation/ACE recommended. Although it would depend on the year and focus.

Comment author: MichaelPlant 06 June 2018 07:09:00PM 1 point [-]

I expect ~10 people to attend the camp although I do not expect 100% of them will start charities (I would guess ~60% would)

So you mean you expect 6 different charities to start, or that 6 people will be involved in starting a charity, possibly the same one(s)?

Comment author: Joey 06 June 2018 07:14:02PM 1 point [-]

6 people will be involved in starting a charity, possibly the same one(s)

Comment author: imben 06 June 2018 06:11:06PM 1 point [-]

This seems high compared to the startup equivalent. For example, I know at Entrepreneur First they take on 100 people and they form about 20 companies - don’t know how many get seed funded but 50% seems too high.

Comment author: Joey 06 June 2018 07:08:47PM 2 points [-]

I would guess a lot of this depends on the number of people you take on. (e.g. if we took 20 people I do not expect we would get 2-6 effective charities.) I also would guess the odds of effective charities being founded if it was not picked from our pre-researched list would be much lower, something closer to 1/10 - 1/20.

Our estimates are mostly based on our experience with charities we have founded/supported in a pretty similar way to the above. I also am unsure how to generalize from for-profit to nonprofit space. I generally think the former is much more competitive.

Comment author: byanyothername 11 June 2018 03:53:56PM 0 points [-]

Out of charities founded I expect about 50% of them would be GiveWell incubation/ACE recommended.

Is there anything more you can say about why you think this? (Feel free to ignore the question - I don't have anything substantial to say about why this seems high to me.)