Should VC funding projects be allowed to benefit from CLR matched funding?
In my opinion, no.
I believe that there are many more projects that are either pre-investor or pre-business-model-stage that can benefit much more from CLR matched funding.
By limiting funding to pre-investor projects, I believe Gitcoin is able to:
- Increase its impact with earlier stage public goods projects that in greater need of funding
- Achieve the same impact while becoming even more capital efficient (excess funding can be used to funneled towards other more productive uses)
I would not oppose Gitcoin efforts in helping/support investor-funded public goods / community-owned projects but do not believe CLR is the current appropriate avenue.
- Are investor funded projects no longer open source public goods?
- Imo, you can take funding from investors and still be classified as a community owned public good to some degree. Community ownership exists on a spectrum here.
- What classifies as ‘VC funded’?
- A for profit entity with external funding from investors either public or privately.
- Maybe require projects to opt-in in order to participate in CLR matched funding rounds - where the t&c would indicate that only non-investor funded projects can opt in. Manual moderation can be used to enforce this rule if broken.