I think this is a potentially large cost of the fiscal sponsorship umbrella. Will can’t take on the risk personally or even for just his org, it’s automatically shared with a ton of other orgs.
That seems quite plausible. If that is his reasoning, then I think he should say that.
“I had planned to write in more details about my relationship to Sam and FTX, what actions I took, and in what ways I think my actions did and did not enable these crimes to take place; but due to concerns about risking the jobs of 100+ people I have chosen to not share information about this for the following 1-4 years (that is, until any legal and financial investigation of Effective Ventures has concluded, an org that I’m on the board of and that facilitated a lot of financial grantmaking for FTX).
This obviously largely prohibits the Effective Altruism ecosystem from carrying out a collective fact-finding effort around those who were closely involved with Sam and FTX within the next 1-4 years, and substantially obstructs a clear fault analysis and post-mortem from occurring, and I expect as a result of this many readers should correctly update that by-default that the causes of these problems will not be fixed.
I hope that this is not the death of the Effective Altruism ecosystem that I have worked to build over the last 10+ years, but I am not sure how people working and living in this ecosystem can come to trust that crimes of a similar magnitude will not happen again after seeing little-to-no accounting of how this criminal was funded and supported, nor any clear fixes implemented in the ecosystem to prevent such crimes from occurring in the future, and I sadly expect many good people will rightly leave the ecosystem because of it.”
I think this is a potentially large cost of the fiscal sponsorship umbrella. Will can’t take on the risk personally or even for just his org, it’s automatically shared with a ton of other orgs.
That seems quite plausible. If that is his reasoning, then I think he should say that.