Thanks for the tag and for laying out a thoughtful vision.
I appreciate the initiative, but personally I don’t think this is the right fit for Gitcoin 3.0.
As Kevin mentioned in this recent post, Gitcoin already has exposure to venture-style initiatives through Public Works and Allo Capital. These initiatives were structured to sit outside of Gitcoin governance, and I think that separation is important to maintain.
My view is that Gitcoin governance should stay focused on its core differentiator: decentralized capital allocation for public goods. That’s a big enough challenge – and one we haven’t yet solved in a durable or scalable way. Building and overseeing a VC fund would not only introduce additional complexity and risk, but could also blur Gitcoin’s mission and erode trust from the community that sees us as a neutral coordination layer.
To be clear, I’m not against experimentation in the ecosystem. But I don’t think Gitcoin governance should be the vehicle for that experimentation when it comes to venture investing. If there’s interest in exploring these ideas further, I’d encourage doing so through external entities like Allo Capital or in partnership with other aligned orgs that could do the heavy lifting on the dealflow side.