Simon Newstead

Co-founder @ GoalsWon, EA For Kids, Better Bite Ventures
115 karmaJoined Jan 2022Working (15+ years)Melbourne VIC, Australia



Tech founder turned impact investor / aspiring EA.

3 active EA projects: - Alt protein VC in Asia - accountability coaching app - EA storybooks for kids

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:


Sorted by New


Sure, we self studied from an agenda that the two of us put together:

- those 3 books
- some clearer thinking modules (great resource)
- practicing forecasting on metaculus
- reading some other articles and interviews

Here's a doc with all the details (also contains book notes if it's of info)

Answer by Simon NewsteadFeb 05, 202351

Our venture capital fund (alt protein) recently did training into forecasting and decision making (based on approach from Superforecasting, How to Decide, The Scout mindset).

As a result, we're currently revamping our evaluation process to attempt to reduce bias and explicitly think in terms of scenarios, probabilities and expected value return multiples, rather than our old approach of guesstimating the likely outcome and scoring around that single scenario (we're also participating in some forecasting exercises to help us understand possible paths for the technology in more detail)

So far the key obstacles are to figure out how to adopt these new techniques without spending vastly more time in analysis, leaving us less time on generating dealflow and also making founders wait longer for feedback and go/no go decisions.

Another practical challenge is the actual nuts and bolts of how to take various expert inputs and then actually come up with the predictions (Superforecasting doesn't really go into the details).

Thanks for the analysis. 

Curious about the big difference in effective per-person costs between this intervention in Ecuador vs in sub-Saharan Africa, is there any main factor that leads to the much lower cost in Latin America.

Congrats on the launch!

Curious about how it scales, does the training of facilitators take place always in person, I could imagine over 100 hours is quite a long time to spend to get new recruits up and going, and would they be able to attend it if they are from a remote area etc?

Are orgs / movements like Doctors without Borders, Greenpeace, Peace Corps , Rotary etc considered relatively high trust too? 

Answer by Simon NewsteadNov 28, 20224

2022 donations in USD:

5k to Maternal Health Initiative (new CE org, family planning in Africa)
5k to Vida Plena (new CE org, mental health in LATAM)
2k to Giving What We Can fund (short and longtermism causes)
2k to Cellular Agriculture Australia (developing cell ag industry)

Donated to own EA projects:

22k to GoalsWon (accountability coaching app, pro-bono for EAs)
1k to EA for Kids (EA storybook creation started)

Overall happy with the year, the best yet for contributions both directly and investing in own EA projects. Also thankful for all the collaboration and advice from the community.

Agreed, physical is the real end target, though it's nice to be able to test/refine on ebook before committing to printing costs. Thanks!

Hey, great to hear that and sure, let's swap notes and help each other out as we go!

Agreed stories are powerful, and the sentimental value can also remain strong over years. 

If someone is thinking what book to give to a niece, or friend's kid, or their own kid in the future, they might think of those classics like The Giving Tree they resonated with years back... 

(I'm imagining all those millions of young parents starting to read Harry Potter to their own kids now...)

Still figuring it out, but most likely in 2-5 year old range where kids are just old enough to grasp concepts, but still enjoy getting lost with their parents in a tale that sparks their imagination. 

Looking forward to your and your niece's feedback later!

Load more