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Ben
@jarmen
One year post the coffee shop prop, I'm struggling to see how people in the nouns community are still confident this is a successful prop. I've asked questions a few times and its ignored, @thepark And @drewcoffman.eth post a noggle stamp cup and the nouns community high five each other. Our history is filled with delayed outcomes = bad results why is this any different? I’m extremely doubtful they are willing buyers at this point.
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drewcoffman
@drewcoffman.eth
hey there, we have an LOI from a space being reviewed by our lawyer right now, to be sent back to the landlord shortly physical spaces take time. we’ve never stopped searching for a spot but are unwilling to put Noun in a precarious position where we cannot pay rent (and i don’t think the DAO would appreciate a coffee shop that closes within a year either). happy to dialog more about this ☻
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Benjamin ⌐◨-◨
@latsko.eth
is that the same from a couple weeks/months ago or a new space?
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drewcoffman
@drewcoffman.eth
we’ve looked at a TON of spaces and submitted / rejected multiple LOI’s, so i’m not sure what you’re talking about we’ve most recently been engaged with two spaces and had two LOIs out this is with one of the two, which accepted a proposal on our end that would give us much more favorable rent
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87Bones
@87bones
I have many thoughts about this situation, but maybe things are handled differently across continents in these circumstances, so I'll keep it limited. What I don’t understand is this: You were funded by the DAO to purchase a business. For whatever reason, that deal fell through—this shit does happen. But why not bring the DAO along on the journey to find a new shop? Instead of months of radio silence, leaving people wondering what’s happening, we could have been part of the process, sharing in the highs and lows of the adventure with you. Its an exciting time! And at the end of the day DAO members funds.... - Are you still actively looking to purchase a business outright? Or are you considering a lease surrender now instead? - With the pivot and pop-ups, where does the budget stand now? Are we searching in the same budget ballpark? Some dialog would be appreciated i think..
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Ben
@jarmen
Budget is surly impacted, people working 365 days round the clock doesn't happen for free.
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drewcoffman
@drewcoffman.eth
yes it does, i haven’t taken a dime ♡
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Ben
@jarmen
So we are still at 650k not a penny spent lovely.
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