July 30th, 2024 update: find the completed AMA in this follow up post
Original post:
From Darren Margolias: I'm the Executive Director of Beast Philanthropy, the charity founded by the world’s most popular YouTuber MrBeast.
We recently collaborated with GiveDirectly on the video below. You can read background the project from our LinkedIn here and here (plus GiveDirectly's blog)
On Thursday, July 18th I'll be recording a video AMA with CEA's Emma Richter. Her questions will come from you, and we'll post the video and transcript here afterwards.
Please post your questions as comments to this post and upvote the questions you’d like me to answer most. Emma and I will do our best to get to as many as we can.
Feel free to ask anything you'd like to know about Beast Philanthropy's process, projects, and goals!
I'm glad this happened. An additional 300k USD going to some of the world's poorest is an amazing thing, worthy of praise and applause. Thank you for doing this. That said:
What are the economics of the whole production? Eg -- how much was paid in flights, video work, editing, staff, translators, bribes, transport, expenses etc? -- how much more in donations is expected to be generated from this? -- (and do these two cancel out?)
I'm keen to understand whether big YouTube productions are more effective than similar-sized silent donations. If yes, it could be a good thing to pitch to all manner of content creators.
Separately -- how much, if any, revenue is expected from this? What will that revenue be used for?