CEO of FTX
Agree with this--it's impossible to give constructive feedback on thousands of applications. The decision is between not giving grants, or accepting that most grant applications won't get much feedback from us. We chose the latter.
Totally agreed!
although, to be frank, it does make me a bit confused where some of the consternation about specific, unspecified grants has come from...
FWIW I think this post is basically correct and also does a really great job of correctly strongly updating on very few data points--something which is tricky to do right but I think extremely important!
100% agree