The role of VC Funding in RetroPGF
AI summary of the linked articleThe Optimism Foundation's position is that venture funding should not be treated as profit under the impact = profit framework and that project funding needs should not be considered in RetroPGF, but it will require projects to disclose VC funding in the next round after strong badgeholder feedback. The post summarizes RetroPGF 3 debates over whether VC funding and existing resources should count in evaluating impact. Badgeholders such as Tjrush, Zoomer and Griff argued for disclosure, while Willian argued against asking, and Hudson and Laurence argued that well-funded projects should not receive rewards. The Foundation states that RetroPGF is an infinite game rather than a charity, and that rewarding only those in need would weaken the incentive market it aims to build. |
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