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Content
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https://www.optimism.io
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Colin
@colin
https://twitter.com/awkweb/status/1725325951582540022 Thoughts on VC-backed companies applying for RetroPGF?
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Tess 🔴
@tess
my personal (PERSONAL) take is that it’s fine and good for VC-backed teams to get RPGF, but they should disclose their funding status on their applications so that badge holders can make informed decisions
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Stas
@stas
Sad, but realised it will always happen. Folks need to pick the right delegates to fund the right projects!
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jesse.base.eth 🔵
@jessepollak
I think private companies can create public goods and should be rewarded for it. impact == profit
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✳️ dcposch
@dcposch.eth
Wasn’t one of the points of rPGF that it serve as an alternative to the traditional “exit”? I remember reading an early rPGF post about back propagating the same kind of risk-taking incentives but for creating public goods
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Cameron Armstrong
@cameron
If they didn’t want VC funded startups to apply, they should’ve set that rule from the start? If a startup participates and wins because they had more impact then the grant did what it intended For a space where “code is law” there’s a lot of “people should/shouldn’t do this” energy lol
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Dennis Zoma
@dennis
Meanwhile on ketl 🐸
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Integrated Kyle e/acc
@kylesamani
A VC backed company can choose to devote resources to public goods development Why should that make the company ineligible for RetroPGF?
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​woj
@woj.eth
as i wish rpgf was skewing into funding pure, non profit open source, i don’t have anything against private companies creating public goods in crypto it’s a bit of a mess since people lunch token and ponzus next to it, but ideologically i don’t have anything against it but unfortunately grifters will grift
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jxom
@jxom
There are many projects on this list that charge fees for profit, which is literally the definition of NOT a public good.
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Topocount
@topocount.eth
I understand the frustration others might have with it, and wouldn't personally be comfortable accepting rPGF for something I made on "company time" but I think it's a strong indication of incentive realignment. There is more reward for building to solve a problem without a business model, and I'm all for that.
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AnaĂŻs
@anais
There is no problem with that EXCEPT if they end up getting the bulk of funding. Most teams/companies/individuals are not VC-backed so it would create a vicious cycle of same people getting more money....what about the values of Web3? financial inclusivity, access etc?
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