I spend a lot of time talking to philanthropists about how to donate, and one trend I have noticed, particularly with smart but new-to-grantmaking folks, is the trend below.
This dynamic is pretty funny because it's the exact opposite as for-profit, where VCs will try to avoid funding something until they know that others are funding it.
This dynamic is pretty funny because it's the exact opposite as for-profit, where VCs will try to avoid funding something until they know that others are funding it.