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GuySrinivasan comments on The $125,000 Summer Singularity Challenge - Less Wrong
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I'm not entirely sure that I believe the premise of this game. Essentially, the claim is that 20 of SingInst's regular donors have extra money lying around that they are willing to donate to SingInst iff someone else donates the same amount. What do the regular donors intend to do with the money otherwise? Have they signed a binding agreement to all get together and blow the money on a giant party? Otherwise, why would they not just decide to donate it to SingInst at the end of the matching period anyway?
Here's my totally non-binding plan for my $1100 extra dollars that really were just lying around, budgeted but projected to not be spent: If we meet the full challenge, donate $1100 to SingInst and have Microsoft match it as well. If we meet only e.g. 80%, donate 80% of $1100 and have Microsoft match it, and spend the rest on a party I wouldn't have had otherwise and link y'all to tasteful pictures. That's a x3 multiplier on ~1% of the $125,000.
Before your post, bentarm, my plan was somewhat different but I estimate it gave at least a 2.9x multiplier.
I like that - it makes the match slightly better than 2:1.