Simon Newstead

Impact Investor / Co-Founder @ Better Bite Ventures (alt protein/climate), GoalsWon (accountability coaching, free for EAs)
209 karmaJoined Working (15+ years)Melbourne VIC, Australia
goalswon.com

Bio

Participation
2

Tech founder turned impact investor.

BetterBite.vc - Alt protein / climate VC in Asia
GoalsWon.com - accountability coaching app

How others can help me

Help with advice, support on any of the EA projects I'm working on

How I can help others

Any advice on entrepreneurship, seeking investment, building startups. Also free accountability coaching.

Comments
31

Great initiative!

Quite a lot of agri projects doing similar things with satellite imagery

eg- seeing if rice farmers are adopting alternate wetting drying as opposed to traditional flooding, to reduce methane emissions. 

Not sure if there are practical lessons to be learned from those folks?

What an interesting and relevant topic area you're working on, and nice to hear you're working towards something bigger. How true about extraordinary altruistic leverage. Welcome to the forum...

Thanks for helping out with those communities in Borneo, and caring to want to do more and use reason and kindness to help more out. Welcome!

Hey Ryan, welcome and glad to read your intro! It's admirable that you are committed to impact. I think it's natural to feel the problems of the world are big, and sometimes feel that our impact is so low. But it's not. Every dollar we spend or minute volunteering or working on an effective intervention matters, and can make a big difference in lives, today or potentially in the future. Thanks for posting and all the best with figuring out the next steps!

Inspired by an EA Melbourne planning event yesterday, we came up with concept of having a subtle but visible visual tag for posts/replies by folks who are in the same city as you (opt in option in your profile), to help build more in-person community and potential collaboration.
 

Great effort on the project, and appreciate the open sharing which helps everyone out 👏 

Perhaps another way to frame it might be to count the time and money outside of the your donation bucket? As in, donation budget is rational/effective, and everything else can be included as part of discretionary spending on personal/wellbeing? eg- same bucket as hobbies, travel etc.

Not sure if this might simplify things mentally and guard against motivated reasoning and slippery slope concerns

There are calculators out there, like this simple one from the UN for example: https://offset.climateneutralnow.org/footprintcalc 
(includes lifestyle factors like meat as well as travel)

Aim to finish up 2023 having donated:

  • 16k to AI safety / long term future 
  • 9k to animal suffering 
  • 4k to global health / well-being

This year wanted to shift more toward existential risk, vs last year which was mostly global health and well being - given the increased concerns and seemingly accelerating timelines.

Also put money into EA community side-projects:

  • 10k for accountability coaching app (pro-bono for EAs)
  • 3k for EA kids storybook project

Happy with the year - also took the GivingWhatWeCan pledge - better late than never!

ps - thanks for all the folks working hard in non-profits, fighting the good fight...

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