2min chapter

Clearer Thinking with Spencer Greenberg cover image

The FTX catastrophe (with Byrne Hobart, Vipul Naik, Maomao Hu, Marcus Abramovich, and Ozzie Gooen)

Clearer Thinking with Spencer Greenberg

CHAPTER

Is There a Good Process for Vetting Funders?

I think EAs have done an okay job at like, there is a lot of vetting done whenever a project is proposed. But that's typically typically organizations don't do diligence on their own funders. In this case, it's not clear to me who may have thought it was their responsibility even to have done due diligence and serious like monitoring of this new funder. That seems like very likely an organizational mistake.

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