

One: Holden Karnofsky on times philanthropy transformed the world & Open Phil's plan to do the same
62 snips Apr 12, 2021
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Why GiveWell Was Founded
- Holden Karnofsky recounts how he and Elie Hassenfeld left hedge funds to found GiveWell because existing charity ratings failed them.
- They built GiveWell to publish deep evidence-based research identifying highly cost-effective global health charities.
Different Philosophies For Different Donors
- GiveWell focuses on proven, evidence-backed interventions with clear cost-effectiveness.
- Open Philanthropy focuses on high-risk, high-reward, long-horizon opportunities that few other funders would pursue.
Pick Causes And People Slowly
- If you're starting major philanthropy, spend substantial time choosing causes and hiring the right people before scaling.
- Prioritize building a strong team and take cause selection slowly rather than rushing into familiar passions.