You haven’t missed a blog post, though I’ve talked about it a lot in daily beemails. It’s all still in flux and we’re agonizing a lot because there seem to be very distinct schools of thought. One being our original take on it, that you want the pledges to go up as steeply as possible to quickly find your Motivation Point. And that works for some people, but there are a lot of people who really want a flatter schedule. In the original schedule some people find themselves in a kind of no-man’s land where, for example, $30 is not motivating enough but $90 makes them want to cheat or rage-quit.
It’s a really hard problem and we intend to keep experimenting. Hugely valuable to hear perspectives like this one, that the reasoning behind the original schedule felt really reassuring. I’m fairly sure that the basic insight is sound – that pledges should increase exponentially – but maybe doubling is a fine compromise? Another one we may experiment with is matching common denominations of bills in most countries, like $5, $10, $20, $50, $100.