Happens in philanthropy too:https://twitter.com/paulg/status/1090606549582655488 …
In nonprofits it's even worse. You don't just have to convince your organization. You often have to convince donors too.
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Truth
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Just teach Risk/Reward 101 in schools and maybe things will change..
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They're more necessary.
End of conversation
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Grant applications. You pay someone who could discover things to spend half their time saying what they will discover (how do you promise that?). You pay someone else to read the applications. Inefficiency. Bad incentives. Limiting exploration of the problem space. Euch.
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On top of that, a startup can see immediate metrics like users/downloads/finance, whereas philanthropy doesn't usually have any market developments to point to. No matter how societally important, success is often distant, diffuse, and hard to attribute.
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