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What was the most direct motive of london company in securing its charter?



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Securing charter company discussion

Paul Buchheit: Assume that I'm going to get rid of $20,000 and my only concern is the "common good". Which of these is the best use of the money: give it to the Gates foundation, buy a hybrid car, invest it in a promising startup, invest it in the S&P500, give it to the US government, give it to a school, other?
Comment: Bonus points for giving your answer in ranked order (best to worst use of the money, for the common good).
@Clare Dibble - close minded places like India?!! Many people think of it as the number one destination for opening their minds, so I find the idea that India would be first on someone's list of "close minded places" mind-boggling. When were you last there, and where did you go?
Investing in a startup can only work in parts of the world that aren't stuck in a poverty trap. What happens to a business if the sole proprietor can't work because they get malaria? What if the woman applying for microcredit spends the majority of her day collecting clean water? The Gates Foundation is focused on those problems because you must fix them before anything else will work.
Others have talked about the problem with the idea of "common good". I would instead focus on things that have the biggest positive impact on the largest number of lives. 25,000 children will die today. In the time it took me to write this comment dozens of children died around the world.
I took a shot at tabulating results in a Google spreadsheet. "Startup" got the most responses, with "School" a close second. And there were 49 other suggestions. Here are the complete stats: http://spreadsheets.google.com/ccc...
Anybody want to help me do some meaningful analysis here? I'm hitting the limits of my standard deviation knowledge :)
There is no efficient market in utilons. Different organizations have literally orders of magnitude difference in how much good they do per dollar. The big, showy charities that deliver lots of status and warm fuzzies can't compare to small, startup, strange charities working on points of maximum leverage. http://www.fhi.ox.ac.uk/, http://singinst.org/, http://methuselahfoundation.org/. See also http://yudkowsky.net/rationa... and http://lesswrong.com/lw...
The Results: Forget meaningful analysis, let's score this as Formula One racing, with 10 points for first place, 8 for second, etc. Funding a startup wins with 288 points. School funding is a close second, with 283 points. Gates takes third place, with 202. Everybody else does pretty badly, with the US Government scoring a dismal 46 points. Among write-ins, Kiva scored 58. http://www.casefoundation.org/blog.... See my spreadsheet for details.
Tip Michael J. Totten: http://www.michaeltotten.com/ I'd say that's for the common good.
@Ruchira I dunno, but I thought if I were gay and open in India, my mind might be opened, against my will, to the idea of prison. Correct me if I'm wrong.
If you are still looking for ideas, this one might be worth your consideration: http://friendfeed.com/app103...
Here's an interesting twist on the startup: http://www.mercurynews.com/columns... "...Silicon Valley has always been about making the world smaller. And Ratra, who cofounded Akraya with her husband in 2001, has always been about helping women in business. So when she heard last spring about Peace through Business, an international effort to pair female business owners from two of the most war-torn countries on the planet, Rwanda and Afghanistan, with successful female entrepreneurs in the United States, she was on board."
Change the life of a child (e.g. middle-school) by lighting a fire for science & technology through involvement in an innovative and engaging summer program.
Help make it easier for young people who start their college education at a community college to transfer a four year school and earn a baccalaureate degree in a timely fashion. Do it in science & mathematics and you'll have a HUGE return on your investment.
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p01yN0Nym0u5: the hollow shell of what is left of #polymath22 on #twitter after so many #Justice4Jahar accounts suspended. tweets from April 15 forward, day of #BostonMarathonBombing https://twitter.com/search... #WIunion #Occupy #OWS #NWO #1U http://friendfeed.com/search...
Comment: journal des reseaux ‏@_le_fil_ 3h p01yN0Nym0u5: the hollow shell of what is left of #polymath22 on #twitter after so many #Justice4Jahar account... http://bit.ly/1dfgOdB Collapse Reply Retweet Favorite More 9:27 AM - 12 Jan 14 · Details https://twitter.com/_le_fil... https://twitter.com/_le_fil_/ #_le_fil_ http://friendfeed.com/search...
@JusticeSeeker i followed you with my other account but that one has been suspended/deleted.. i send a new follow request from my new account which you should be able to see on your front page when you go to http://friendfeed.com
Lets #google #search for http://google.com/search... and go over his #BostonMarathonBombing work line-by-line. I'm sure he has some mistakes in his narrative. we just have to find them.. #BostonTrolls seem very adamant that its OK for #Media to get their facts wrong, but the #OfficialStory has never changed... #0p6dFBI #0p6d #FBI #0pFBI #OpFBI #0p6dFBIDanielGenck #0p6dFBITimGenck #TimGenck #DanielGenck #Genck
http://friendfeed.com/search... #0p6dFBIDanielGenck #0p6dFBITimGenck
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p01yN0Nym0u5: #FindPhilipWood @FindPhilipWood https://twitter.com/FindPhi... https://twitter.com/FindPhi... https://twitter.com/FindPhi... http://friendfeed.com/search... https://twitter.com/search...
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