Anyone who controls 100% of the funding can pick the winners and losers and suppress people who threaten the winner. I think this is fundamentally wrong and I am just trying to encourage an alternativ...
I’m thinking of starting a non profit to build water wells in Africa. I will sit on the board and we will spread our grants to anyone who wants to build water wells.
Oh, and I’m a VC, who’s heavily invested in one of the companies that builds water wells and I’m concerned about my return on investment.
Don’t worry, I’m not biased, anyone can apply for a grant. Anyone.
And if you question my incorruptibility, just remember I’ve been building water wells since the beginning, I have a few paragraphs written on my website, and if you question my altruism, you don’t care about fresh water in Africa!
Oh, and I’m a VC, who’s heavily invested in one of the companies that builds water wells and I’m concerned about my return on investment.
Don’t worry, I’m not biased, anyone can apply for a grant. Anyone.
And if you question my incorruptibility, just remember I’ve been building water wells since the beginning, I have a few paragraphs written on my website, and if you question my altruism, you don’t care about fresh water in Africa!
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