Retro Funding 4: Deliberative process on the definition of profit

Session 1 recap

Thank you to everyone who participated in yesterday’s first session of our deliberative process experiment! While we can’t speak for badgeholders, it was an eye-opening and valuable experience for the Foundation observers. The first session focused on the inclusion of different categories (past Optimism grants, past grants from other ecosystems, revenue generated and past VC funding) in the profit definition. The session gave us new perspectives on:

  • the need for more clarity / consensus on the purpose of Retro Funding Rounds before the concept of “impact = profit” can be effectively discussed
  • the level of complexity and nuance in defining each category discussed

We are working with the facilitation team to adapt the second session, scheduled for Thursday, June 6 from 16:30-18:00 UTC time, based on learnings from the first. We will also consider the addition of a third session, based on badgeholder feedback. Thank you to everyone who participated!

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