AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min chapter
DAO breakdown with Orange DAO's Ben Huh + Amazon's $11B NFL deal with Lon Harris | E1567
This Week in Startups
How Do You Distribute a Hundred Million Dollars?
In the legal evolution of downs, thereis no way to get a distribution from those funds. So even if the treasury of the dow received a hundred million dollars, because we did blow out numbers on the the fund, that money cannot be directly given to members like a dividend. But what it does do is your tokens govern how we spend that money for the next cycle or for the next round of company. And so the way orange dow was developed was that it was designed as an endowment for aunch pinership.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode