The ideas of high risk, high reward projects, value in the tails, etc. are quite common EA positions now. People are usually reminded that they have a low probability of success and that they should expect to fail most of the time. However, most people I know/have heard of who started ambitious EA projects are doing quite well. Examples would be SBF, Anthropic, Alvea, and many more.
My question, therefore, is: Is the risk of failure lower than we expected, or do I just not know the failures? Do I just know the selection of people who succeeded? Is it too early to tell if a project truly succeeded? If so, what are concrete examples of EAs or EA orgs not meeting high expectations despite trying really hard? Is it possible that we just underestimate how successful someone with an EA mindset and the right support can be when they try really hard?
I think it is fair to call EA Ventures, the Pareto Fellowship, and EA Grants failed projects. I’ve written evaluations of each of them here. I also discuss the EA Librarian project (though I don’t conduct a full evaluation) which also seems to have failed. My post also discusses numerous instances where EA projects that didn't fail still had significant and repeated problems. As such, I think it's relevant to your questions of: "what are concrete examples of EAs or EA orgs not meeting high expectations despite trying really hard? Is it possible that we just underestimate how successful someone with an EA mindset and the right support can be when they try really hard?"