by specialk on 11/25/14, 11:08 PM with 9 comments
by cpks on 11/26/14, 11:25 AM
Perhaps. That model works very well in Silicon Valley. It's just that the expectation is that most projects will fail. Development projects are similar, only with an unrealistic expectation of success early on, and without appropriate processes to fail fast, recover money from failures, etc.
What I'd like to see is fundraising with:
* Big figures * Long-term windows * Milestones
In other words, I raise $10 million as $2 million per year, contingent on meeting specific milestones. Or $200k/$1 million/$4 million. Or whatever. As a fundraiser, I have a strong interest to write realistic plans -- not just grandiose but impractical visions -- since if I fail to execute, I lose funding. I also have a confirmed, steady, long-term source of funding, so I'm not spending 90% of my time selling.
If I do fail, the money is recovered.
by ggchappell on 11/26/14, 12:42 AM
FTA:
> The repeated “success, scale, fail” experience of the last 20 years of development practice suggests something super boring: Development projects thrive or tank according to the specific dynamics of the place in which they’re applied. It’s not that you test something in one place, then scale it up to 50. It’s that you test it in one place, then test it in another, then another. No one will ever be invited to explain that in a TED talk.
On the contrary, I think this idea would be an excellent topic for a TED talk.
by danieltillett on 11/26/14, 12:06 PM
by ommunist on 11/26/14, 11:37 AM
Disclaimer: I have been involved in development projects feted by JICA.