All of anonymoose's Comments + Replies

Just saw this. The complaint was apparently that people were listed as having worked for orgs (other than LR) where they only contracted or consulted. But as I recall it, I transcribed these associations directly from Linkedin. So I've reverted the comment, and changed "worked at" to "had experience at" to more precisely match the language of LinkedIn.

About two years have now passed since the post. Main updates:

  • Leverage Research appears to be just four people. They have announced new plans, and released a short introduction to their interests in early stage science, but not any other work. Their history of Leverage Research appears to have stalled at the fourth chapter.
  • Reserve seems to be ten people, about seven of whom were involved with Leverage Research. Reserve Rights is up by about 160% since being floated two years ago.
  • Paradigm Research is now branding as a self-help organisation.
after I read this comment I left thinking that Reserve performed exceptionally poorly but..

Your initial impression was correct. Reserve has entered a terrible market and managed to perform substantially worse than its terrible competitors. Since May 24, when Reserve Rights was priced:

  • the S&P gained 14%,
  • cryptocurrency at large lost 17%,
  • cryptocurrencies excluding Bitcoin lost 33%,
  • while Reserve Rights managed to lose 52.3%.
You are also incorrect that Bitcoin has returned 1% over the same time period.

Reserve Rights was floated on May 24 according to CoinMarketCap, at which time Bitcoin was worth $7800-$7950, and it is now worth the same amount, so the error must be either with you, or with CoinMarketCap.

5
Habryka
4y
I used Jun 19th, because that was the first date with a market cap available, which seemed like the most reasonable date to start. So that likely explains the discrepancy.

Reserve has now lost 50.6% of its value since its float, while Bitcoin has returned ~1% over the same time period.

So, after I read this comment I left thinking that Reserve performed exceptionally poorly, but it seems that almost all cryptocurrencies have gone down about the same amount since June 19th (the time of Reserve's launch, from what I can tell). Here are some random currencies that I clicked on, on the coinmarketcap website that you linked. This is a comprehensive list, so I report the price change since June 19th for every currency that I looked at:

  • Bitcoin Cash:
    • June 19th price: $416
    • Price now: $244
    • Change: -41.3%
  • XRP:
    • June 19th price: $0.448
    • Price now: $
... (read more)

Thanks Larissa - the offer to write up posts from Leverage Research is a generous offer. Might it not be a more efficient use of your time, though, to instead answer questions about Leverage the public domain, many of which are fairly straightforward?

For example, you mention that Leverage is welcoming to new staff. This sounds positive - at the same time, the way Leverage treated incoming staff is one of the main kinds of fact discussed in the top-level post. Is it still true that: (i) staff still discuss recruitees on individual slack channels, (ii) mind... (read more)

Hi Anonymoose,

I’d like to do two things with my reply here.

  1. First, to try and answer your questions as best I can.
  2. But then second, start to work out how to make future conversations with you about Leverage more productive

1. ANSWERING YOUR QUESTIONS

I’d recommend first reading my recent reply to Greg because this will give you a lot of relevant context and answers some of your questions.

Questions a, b and d: outputs, resources and future impact

Your Questions:

“(a) are Leverage's outputs truly as they appear?”
“(b) Is its consumption of financial resourc
... (read more)
  • Leverage Research spent a further $388k in 2017.
  • At least 11 of 13 Paradigm Academy staff listed on Linkedin are known to have worked for Leverage Research or allied organizations.
  • The coin made by Reserve (one of the successor companies to Leverage Research) has returned -32.7% since its float at the time of writing. In the same time period, bitcoin returned 24%.
6
anonymoose
4y
Reserve has now lost 50.6% of its value since its float, while Bitcoin has returned ~1% over the same time period.

An analysis of personnel is an incomplete and non-definitive answer but ought to be a useful starting point.

Paradigm Academy does not list its team on its website. However, a quick search on Linkedin yields 16 results (13 with public profiles) for people at Paradigm Academy. Of these 13 profiles, 7 include experience at Leverage Research or allied organizations, and a further 4 are well-known to have worked for Leverage Research. Edit: at the request of Julia Wise, I've encoded the names in rot13, so that this comment doesn't broadcast their association to... (read more)

2
Aaron Gertler
4y
Moderation note: The original version of this comment contained the names of people the author believed to have worked for the orgs in question. However, the moderators were alerted that multiple people on the list hadn't actually been employed by the organizations they were cited as having worked for. The person who contacted us was concerned that the individuals might be seen by future employers as having hidden some part of their work history because their names might be found on this post after an online search. After reaching out to the author and not hearing back, the moderators chose to address the concern by editing the comment to replace the names with the numbers of people the author believed had worked for each combination of orgs. We think this lets the author make their point without misrepresenting any individual's employment history. We may revert some changes or make further changes if the author responds to us later. If you have any questions or concerns about Forum moderation policy, please reach out to let me know.

For some reason, it's listed in archived conversations. But my question is:

Hi! Just drawing this question to your notice: https://forum.effectivealtruism.org/posts/KyMkDs3SBNpo85qvz/leverage-research-shutting-down
Would be great if you can share your thoughts.

Is Leverage core rebranding to Paradigm Academy? Are the other branches Reserve and Bismarck Analysis?