1. Nobody wants to act as the final oracular funder

    Everyone thinks Givewell-style analysis is important. Nobody wants to do it. (Or more specifically, have their models/calculations be used to determine how much money to pay out final certificates)

  2. Nonprofit founders and investors have no idea how to value early stage nonprofits

  3. Might not be enough money in the ecosystem

  4. Credit allocation is hard and awkward, especially in the grant-based world

  5. The entire area is a regulatory gray zone

  6. “Liquidity” - this thing is only valuable if other people are participating

  7. Longtermist interventions might take too long to pay out

Other investigations