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:1) agree with everything Nick said2) I am really proud of what the team has done on net, although obviously nothing's perfect!3) We really do love feedback! If you have some on a specific grant we made you can submit here, or feel free to separately ping me/Nick/etc. :)
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!