The risk of any moonshot endeavour? Failure. Without the tangible possibility of failure, and without embracing the risk of testing unconventional out of the box ideas, we would never be able to shift the paradigm on the complex issues we each seek out to resolve.
This is the superpower of philanthropists – the ability to take on the reputational and financial risks that institutions such as governments and corporates cannot. Why? Because institutions are agents of the ultimate capital providers, respectively taxpayers and shareholders, often proscribing their ability or willingness to make high risk bets. Whereas philanthropist capital owners have the freedom and ability to accept the consequences of setbacks and failure, learn from mistakes, improve on their theory of change, improve domain expertise and try again.