Ventures

In this episode of Ventures, my guest Jesse Bryan (https://www.linkedin.com/in/jessebryan/) and I discuss the power of storytelling when leading an organization of people. This conversation dives into not only how a Decentralized Autonomous Organization (DAO) can reinforce vision and mission with story, but also how traditional corporations can (and should) conduct themselves when interacting with customers. We talk about how a Commodity + Story = Product, how to keep the main thing the main thing, how stories + status are the two pedals of moving an organization forward cohesively, and how/why to tell stories in conversational language as a business.Visit https://satchel.works/@wclittle/ventures-episode-89 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.   1:51 - Jesse quick intro / background2:43 - Why is it so hard for companies to tell the truth (about what they believe) and prove it with their marketing?4:55 - An underlying optimism that companies have a magic (that they may or may not be aware of). How would Jesse summarize his learnings the past decade working with CEOs to help them communicate their brand and messaging?8:54 - Promise of DAOs (Decentralized Autonomous Organizations) to unlock corporate energy and passion. Ikigai - https://en.wikipedia.org/wiki/Ikigai - Future of work.  Fairness & transparency. 10:47 - What can DAOs learn from storytelling in cohesion (the main thing is to keep the main thing the main thing)? Lessons from how organizations fail.14:14 - How does a DAO keep the main thing the main thing? (lesson from Johnson and Johnson)18:34 - Advice for entrepreneurs that start out with one vision, then a pivot happens, then lots of opportunity happens….how do you navigate storytelling/leadership/messaging here? (How you do something matters as much as what you do)25:20 - Commodity + Story = Product 27:50 - Harai’s thesis in Sapiens (book) - AND, people tell stories to move data around. Stories make the world move.30:39 - The two pedals aren’t product and marketing, It’s story and maintenance w/ status. People use fancy words to overcomplicate things they don’t understand. Ways to maintain tribes and societies (gossip to status). 33:10 - How can this “status and story” play out in “sense and respond” DAOs? First act sets up a good ending. The story needs to be reinforced / recommunicated every 90 days.37:13 - DAOs have an opportunity to look at history - extract the best from history and tell stories to reinforce the narrative.40:08 - The power of story doesn’t need to be reinforced via command and control. It can be done via sense and response. “People like us, do things like this”. Learning from how you “normally talk to people” and then building your storytelling around that.43:03 - Short-term vs. long-term thinking when building brands.47:27 - How can people continue the conversation w/ Jesse? Twitter is best: https://twitter.com/JesseBryan 

In this episode of Ventures, my guest Jameeleh Shelo (https://www.linkedin.com/in/jameelehshelo/) and I discuss NFTs from the perspective of the traditional art community. In short, NFTs are shaking things up and freaking everyone out, even though the market has recently cooled off (relatively speaking). We talk about what NFTs are, why they have been so trendy the last year, how regulators should think about them, and how new markets and metaverses are going to open up many more opportunities for entrepreneurs - and use cases - than we can possibly imagine todayVisit https://satchel.works/@wclittle/ventures-episode-88 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.  1:48 - Tee-up and motivation for the episode2:20 - Jameeleh intro, background, and experience in the mainstream art community3:09 - What is an NFT?4:20 - Why did NFTs become so popular?8:26 - Different types of “Tastemakers” in different industries. Is it a good thing that “Tastemakers” are being challenged?11:52 - Why are people spending 7-8 figures “buying JPEGs” ? 13:55 - A need for the “GeoCities for NFTs”, things to watch out for in NFT land,  (“Line goes up” video → https://www.youtube.com/watch?v=YQ_xWvX1n9g) 15:33 - The good, bad, and the ugly of NFTs18:28 - Always assume you are getting scammed. Buyer beware.20:59 - Increasing or decreasing value as people copy/paste these around (and get NFTs up in, say, Times Square)22:30 - Three things that caught Will’s eye/attention around NFTs: (1) Artists to sell their own art, (2) to pump social causes, (3) to pump business.24:42 - Music and photography NFTs28:55 - Call-to-action, make a multi-chain NFT gallery, build the protocols.31:12 - NFTs as collective middle-fingers to the traditional art establishment31:39 - NFT analogy to what the Suicide Girls were up to back in the day.32:35 - New markets being created everywhere in the metaverse, games, etc…33:44 - White house executive order addressing digital currencies https://www.whitehouse.gov/briefing-room/presidential-actions/2022/03/09/executive-order-on-ensuring-responsible-development-of-digital-assets/ 34:20 - Value of cryptocurrencies for increasing income around the world, and how regulators should think about it.36:39 - Final words from Jameeleh. 1. Be careful, 2. If you are creating anything right now, turn it into an NFT. :) 37:40 - Best way to get a hold of Jameeleh? Email: Jameeleh [at] protalabs.com.

In this episode of Ventures, my guest Chase Thompson (https://www.linkedin.com/in/chasejthompson/) and I talk about the Play-to-Earn space, how to build in Web3 as a product manager and entrepreneur, and his story building https://arena.gl. We dive into topics such as Web3 gaming, token models, DAOs, NFTs, the types of games that can be played on Arena, the next waves in Web3 that are coming for entrepreneurs to take advantage of, and how to practically dive into Web3 to learn more and start building.Visit https://satchel.works/@wclittle/ventures-episode-87 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.  1:30 - Tee-up and background/motivation for the conversation1:59 - Chase’s background, story into Web3 and Arena.5:28 - Introduction to the “X-to-earn” landscape8:30 - More about Axie Infinity as the major Play-to-Earn player10:30 - What is the origin story of Arena.gl? 13:04 - Will’s small background in gaming 15:20 - Web3 controversy in gaming - some folks don’t want crypto in their games18:45 - Who is the target audience for Arena.gl?19:42 - What problem is Arena solving for the community managers?21:37 - What’s the pitch from the community managers to the gamers in their communities? What do the token models look like?24:28 - More about BanyanDAO - training Web2 managers to become Web3 product managers. Lessons learned from Arena.gl.30:00 - Taking a step back - for those outside the gaming community, what does Arena.gl do? Play to earn for any game.31:45 - What types of games are applicable?32:37 - Chess as an example – a sub-battle on Arena.33:40 - What is the most complex gaming faceoff that Arena has handled?35:25 - Does it work with card games? Casino gaming? Hold ‘em?37:18 - What else is in the future for Arena? What’s on the roadmap that Chase is excited about?39:22 - What does Chase think are the next waves in Web3 where the community could use entrepreneurs to build new products/services?42:28 - Come check out https://arena.gl/ // https://twitter.com/ArenaGL // Contribute to a DAO (e.g. https://www.banyandao.xyz/) // Learn Solidity from https://austingriffith.com/ // https://learn.figment.io/ 

In this episode of Ventures, my guests Angela Angelovska-Wilson (https://www.linkedin.com/in/angela-angelovska-wilson-38600a1/), Mike Anderson (https://www.linkedin.com/in/mikeandersonjr/), and I discuss three major issues with DAOs: (1) operational governance structures, (2) legal and jurisdiction issues, and (3) various types of incentives for founders and participants in DAOs. For informational purposes only, we talk specifically about our experience launching BanyanDAO (https://www.banyandao.xyz/), how Angela advises DAOs from a legal perspective given her background and extensive professional experience in the space, and how DAOs design incentive models. More than just financial incentives (which are, of course, important), DAOs should clearly communicate with their communities about the unique opportunity of learning/building together as a scaled and decentralized team from the start. Visit https://satchel.works/@wclittle/ventures-episode-86 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.  3:29 - More info about the episode setup: Operational governance, various legal structures, and different types of incentives.4:37 - Mike shares more background of what we’ve done with BanyanDAO thus far.6:08 - Angela shares more background about how she’s approaching the DAO space with her legal background. 8:40 - What excites Will (and others) about DAOs is that it unlocks passion in a community setting to build together. 10:08 - Operational Governance from Mike’s perspective. Front-row seat into BanyanDAO. What’s that been like?12:04 - Operational Governance in DAOs  from Angela’s perspective.14:13 - Crawl/walk/run when launching a DAO. Discord, then Coordinape (for giving each other tokens), then DAOHaus (to manage proposals and treasury).16:00 - How do we help encourage appropriate self-assessment, management, DE&I, and performance?20:42 - Call-to-action for experienced leaders to step up and help with BanyanDAO, and for new leaders to learn how to lead from experienced leaders.21:58 - DAO legal considerations. 26:33 - What should DAOs be thinking about when hiring legal counsel?29:36 - Alexandra Sims’ PhD Thesis: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3971228 // And Will’s notes on it: https://satchel.works/@wclittle/phd-thesis-on-daos-summary-and-reflections 30:00 - All kinds of new legal structures being built for DAOs - how should DAO founders talk with their attorneys about the various entity types?33:44 - Incentives. Financial and non-financial. How should DAO founders/participants think about these? BanyanDAO is all about Human Flourishing. 37:07 - Maybe at some point in the future the value of treasury tokens and governance tokens could go up, but that is TBD.39:15 - How has Mike been thinking about the various types of incentives? (Thinking about it like a video game)40:31 - Nuts and bolts of what BanyanDAO is doing with Coordinape and DAOHaus.42:10 - How is Mike thinking about future incentive structures with BanyanDAO?43:28 - Vision for BanyanDAO, training Web3 product people. Different things that BanyanDAO can do in the future. Join BanyanDAO on Discord → https://discord.gg/T7s7zGNan9 

In this episode of Ventures, my guests David Harding (https://www.linkedin.com/in/daveh003/), Solomon Cates (https://www.linkedin.com/in/solcates/) and I discuss all-things identity and data sovereignty leading up to - and within - the present Web3 era. We tee-up a framework to think about identity verification and data warehousing, cryptocurrencies vs. Central Bank Digital Currencies (CBDCs), Identity Assurance Levels (IALs), Presentation Attack Detection (PAD), and how to think about building Web3 applications with a realistic hybrid of both centralized and decentralized identity verification and control services.Visit https://satchel.works/@wclittle/ventures-episode-85 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.  5:16 - Sol introduction of self-sovereign identity and sovereign control of data8:19 - David introduction of identity and technology… “Identity 101” based on David’s extensive background in the space.11:49 - Username/password problem that birthed a whole industry of “password management” 12:32 - What does this conversation matter for humanity?14:46 - SSI (self-sovereign identity opens up new opportunities for people15:41 - Will’s business accounts getting closed, likely because of his involvement in Web318:24 - Where are we going? Are Solomon and David feeling optimistic or pessimistic? Why? 25:02 - How is a CBDC different than traditional ways that Central Banks print currency? Coming back to trust, where data sits, and decentralization. 27:42 - Difference between “connect to wallet” in Web3 and showing up to, say, an airport.28:36 - What is the state of the tech today for the TSAs of the world to prove that “you are you”. 33:30 - For the TSA, the physical driver’s license or passport doesn’t - in theory - matter. What matters is the “thing” (QR code or whatnot) that can pull up a database. 35:30 - Is it a good thing to build a decentralized database of identity? When would you build on top of centralized vs. decentralized databases?38:42 - Reality is a hybrid. Decentralized data on blockchains we trust AND data sitting in centralized datacenters we trust. 40:08 - Social media companies as “identity management companies” that provide social media services. They will sell it to anyone willing to pay.43:30 - Multiple levels of identity verification (IAL levels) → https://ldapwiki.com/wiki/Identity%20Assurance%20Level 46:15 - Is the common IAL level 2 mechanisms legit? Why is this important for venture building?51:30 - Signing up for exchanges with a photo of my face and the date. A brief discussion about liveness technology. PAD Levels https://csrc.nist.gov/glossary/term/presentation_attack_detection54:00 - Pay to x models. What can/should be used when building today to verify one account = one human? 1:00:31 - Create a one-account-per-human experience, and don’t create it yourself. Don’t try to reinvent the wheel of cryptography.1:01:43 - Creation and verification and continual authentication of data, depending on use case and security requirements.1:03:23 - What are Solomon/David working on now? Where can people follow up? https://www.linkedin.com/in/daveh003/ // https://www.linkedin.com/in/solcates/  

In this episode of Ventures, my guests Linda Olson (https://www.linkedin.com/in/linda-olson-cpc-cfa-55885858/), Laura Yunger (https://www.linkedin.com/in/laurayunger/), and I discuss the often-overlooked value of people and communication alignment when when building and investing in businesses. This is an episode I wish I had 20+ years ago when starting out my entrepreneurial career. Based on their extensive experience coaching and investing in entrepreneurs, Laura and Linda also talk frankly about how to avoid burnout and stay maximally healthy with your team.Visit https://satchel.works/@wclittle/ventures-episode-84 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.  1:46 - Tee-up for the motivation for this episode2:36 - Linda introduction and background4:55 - Laura introduction and background7:59 - For the audience (entrepreneurs and investors), a lot of the questions are around “How do I form, communicate with, and rally a team”?12:43 - Fundamentally it’s about: 1. Set a vision/mission, and 2. From the start, invite a wide range of diversity onto the team. Question: what do you do if good communication and diversity isn’t in place in an existing business?18:55 - What are the questions/topics/problems that Laura and Linda are thinking about these days as it relates to venture building/investing.  (Human connection & flourishing…”what do you want your legacy to be”...”what is success to you?”)23:14 - Importance of getting “the people stuff” right, hard to hear when younger in your career, but so incredibly important.25:30 - For the 20yr-old listening in, what are we trying to drive home for their generation in terms of the value of relationships and communication?28:25 - More about GEEK values at Prota (Generosity, Empathy, Excellence, and Kindness). Jim Collins → BE 2.0: https://www.amazon.com/BE-2-0-Beyond-Entrepreneurship-Business/dp/0399564233 // and Good to Great: https://www.amazon.com/Good-Great-Some-Companies-Others/dp/006662099631:22 - How to avoid burnout37:17 - Final thoughts - importance of the founder team / dynamics / etc.. value of compassion. 40:44 - Where can people find Linda and Laura online? https://www.mandladvisors.com/ // https://www.linkedin.com/in/linda-olson-cpc-cfa-55885858/ // https://www.protaventures.com // https://www.linkedin.com/in/laurayunger/ 

In this episode of Ventures, my guests Priya Baveja (https://www.linkedin.com/in/priya-baveja/), Mike Anderson (https://www.linkedin.com/in/mikeandersonjr/), Jake Varghese (https://www.linkedin.com/in/jake-varghese-498335/) and I (https://www.linkedin.com/in/wclittle/) talk about Decentralized Autonomous Organization (DAO) structure, governance, incentives, and participation. We are a subset of founders currently launching BanyanDAO (https://banyandao.xyz/), which is growing a community of Web3 entrepreneurial leaders to promote human flourishing. Our first training event - to level up Web2 product managers into Web3 - will be in April 2022 (exact dates TBA). For more details and to participate, join us in our Discord server (https://discord.gg/bYnxySgw34) and follow us on Twitter (https://twitter.com/BanyanDAO).Visit https://satchel.works/@wclittle/ventures-episode-83 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.  1:56 - Tee-up and background/motivation for the episode & BanyanDAO5:28 - What is a DAO? 7:58 - Why DAOs are not simple to define. Institution vs. Organization 11:12 - the DAO/Web3 spirit of coming together to build something as a collective to make the world a better place11:56 - How are we thinking about incentives in BayanDAO? 15:44 - Brief history of BayanDAO from Will’s perspective. How and why it came together.18:16 - Mike/Priya/Jake’s story/motivation for forming and being in the DAO21:22 - Invitation to join BanyanDAO. Help bring clarity. Discord can be confusing. Modes of communication / learning best practices for DAO communication. A community of DAO of DAOs.22:30 - Meaning for web3 beyond [adjective] [animal] NFT clubs. 24:00 - Initial compensation model and token nuances for BanyanDAO. Using https://coordinape.com/ - GIVE token dynamics.27:10 - Building a DAO in a repeatable way. A great opportunity to learn how to build a DAO27:52 - Origin of the name BanyanDAO29:00 - What projects are Mike/Jake/Priya working on? // First project: event upcoming in April to train Web 3 product managers.30:37 - Is there a date set yet for this? 31:06 - An invitation to everyone to join us for this upcoming event.31:21 - Mike’s project: working on how to collaborate as a team. 32:25 - The balance between idealism of DAOs (“it will magically work”) and burning out / tragedy of the commons. 34:14 - The four modules of our upcoming event in April.36:20 - What is the vision for the capstone (module 4).37:39 - The training event will be on a weekend (saturday and sunday)37:55 - Intent for the capstone39:16 - Avoiding tragedy of the commons. 41:00 - Bringing order to chaos, seeing outcomes happen will make things clearer.43:31 - Final thoughts. 45:02 - Coming back to the purpose: human flourishing.45:25 - Where can people find Mike/Priya/Jake/Will online to continue the conversation? https://twitter.com/mikeyanderson, https://twitter.com/PBaveja, https://twitter.com/jakevarghese, https://twitter.com/wclittle 

In this episode of Ventures, my guest Lindsey T. H. Jackson (https://www.linkedin.com/in/lindsey-t-h-jackson/) and I discuss the journey of anti-racism and anti-oppression work in ourselves, in venture capital, and in startup ecosystems. We discuss the nuances of dismal representation numbers in venture; how to approach Diversity, Equity, and Inclusion (DEI) conversations in the workplace and beyond; how to develop a regular practice to self-reflect, define your community, and “fail fast” on your own anti-racism journey; and how to encourage others to consider embarking on the journey themselves.Visit https://satchel.works/@wclittle/ventures-episode-82 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.  3:18 - Lindsey’s introduction, background, brief story, about LTHJ Global (https://lthjglobal.com/) 10:30 - What got Lindsey into DEI (Diversity, Equity, and Inclusion) consulting work?13:30 - DEI & anti-racism work as intriguing to all entrepreneurs (it’s about collecting and responding to data, to work safer and smarter)14:34 - Will’s journey coming from graduate work in a bioengineering lab, gathering and responding to data, influence from Dr. Viola Vogel as he got into venture building & investing.17:13 - Common references to The Matrix in DEI work, why people ignore data, and listening to the market.20:20 - Companies that make great products are made up of people. Importance of unlocking greatness in people.20:56 - More diverse companies perform better. (Check out: https://www.marketwatch.com/story/the-numbers-dont-lie-diverse-workforces-make-companies-more-money-2020-07-30) 21:56 - Unlearning racism; reflections from Will’s personal journey23:54 - How does Lindsey start the conversation without triggering people who think differently?28:30 - “Calling in” (instead of calling out) 29:19 - Shockingly bad statistics regarding diversity in venture (see: https://www.wired.com/story/vc-pledged-better-diversity-its-barely-changed)30:24 -  “Do a count in a given day: How many people do you engage with that are outside of your intersectional identity”30:57 -  Identity as “Black”32:52 - Dismal numbers in terms of percent of VC dollars going to businesses owned by black women.36:04 - Cognitive diversity36:29 - Recommended next steps to begin an anti-racism journey47:32 - For people on their anti-racism/anti-oppression journey, what is Lindsey’s recommended way to talk about this with others and/or publicly?51:15 - By the age of 5, black and brown children experience racism 5x/day, which increases in frequency as they get older.51:11 - “How do I know I’m moving forward?” 54:00 - Consider the venture of anti-racism. Consider unlearning racism as joyful and freeing.56:05 - By nature, anyone who considers themselves an entrepreneur is well poised to unlearn racism.56:46 - Lindsey’s work: https://lthjglobal.com/ // https://www.linkedin.com/in/lindsey-t-h-jackson/ // Reach out and book her for a speaking gig // Subscribe to learn more about her upcoming book “Unlearning Racism” → http://eepurl.com/htLZyv 

In this episode of Ventures, my guest Veronica Sagastume (https://www.linkedin.com/in/veronicalsagastume/) and I talk about all-things startup finance and accounting. From the perspective of what founders need to know, this episode ended up being a crash course in the various high-level aspects of bookkeeping, accounting, controller work, fractional CFO work, tax prep, legal considerations, and finance operating suggestions. Veronica’s firm (https://www.fortifiedaccounting.com/) works with funded, early stage startups and she makes a compelling pitch for why you should seriously consider hiring a firm rather than individuals in the early stages of your funded business.Visit https://satchel.works/@wclittle/ventures-episode-81 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.   2:47 - Veronica introduction and background, story, and what she does now.5:46 - What’s the “Finance 101” for startups and when should founders hire help?11:48 - Last ~5min of conversation is worth re-listening to, but - first question - what is GAAP accounting? https://www.investopedia.com/terms/g/gaap.asp 13:45 - Will Xero or Quickbooks online help entrepreneurs with the basics of GAAP accounting?16:14 - Suggested order of hires – Veronica suggests hiring a firm and growing into them.19:14 - Analogy of someone doing a large remodel or construction project.20:09 - Traction and having the cash is key so you can hire a proper finance and accounting firm. 22:38 - Lessons after 15+ years in the startup space. If you can hire a firm, do it.23:12 - Importance of having a regular monthly meeting to go over your books. Quick lesson on the P&L (income statement), balance sheet, and statement of cash flows. 28:00 - Amazing to have a group that can get you finished books quickly after the beginning of the month. 31:50 - Coming back to the overall framework: bookkeeping, controller, accounting, “CFO stuff” - does Veronica’s firm do all this? Even tax prep?  33:52 - The role of controller. What does it look like working with Veronica’s firm from the role of the controller.37:14 - Prepping a company for an exit strategy / data room41:37 - Data rooms42:40 - How Veronica’s firm builds data rooms from scratch as they go.43:20 - How should founders think about finance best practices to be properly compliant.46:50 - “CFO stuff”53:03 - Tax prep strategies // what should founders be looking for to ensure their firm is doing the right things?44:33 - Early November tax strategy meeting / how to work with the tax prep folks?59:00 - What are the types of things that Veronica will bring in the expert accounting / legal folks?1:00:41 - Stock options vs. RSUs?  https://smartasset.com/investing/stock-options-vs-rsu1:01:37 - Where can people find Veronica’s firm online? https://www.fortifiedaccounting.com/ 1:03:28 - Smart use of Loom videos (https://www.loom.com/). 1:04:50 - About Will (https://linkedin.com/in/wclittle) and Prota Ventures (https://www.protaventures.com). Special focus on idea to pre-seed.1:09:00 - When is the right time to talk to Fortified Accounting?

In this episode of Ventures, my guests Alex Zub (https://twitter.com/theAlexZub), Spencer Graham (https://twitter.com/spengrah), and I talk about the details of day-to-day “DAO life” on DAOHaus (https://daohaus.club/). We talk specifically about how Raid Guild (https://www.raidguild.org/) - a services DAO - manages proposals, escrow, billing, and bridges to the traditional finance system. We also talk about short-term and long-term financial incentives for DAO founders/participants, how DAOs can quickly raise funds and manage risk/assurance/trust, and how newcomers to DAOs can/should think about how to participate to create maximum value for themselves and their communities.Visit https://satchel.works/@wclittle/ventures-episode-80 for detailed notes and links to resources (videos, articles, etc…) mentioned. You can watch this episode via video here.   2:38 - Background and tee-up for the conversation; Alex has a bunch of questions about Raid Guild and we figured we’d record it for everyone’s benefit.3:20 - Alex intro / background (full-stack engineer, turned management)5:50 - Spencer’s description: “What is a DAO?” (From “group chat w/ a bank account” to more) - plus, information about how Raid Guild splits their revenue (90% to team, 10% to treasury)11:08 - Is there a founder of Raid Guild? How did the letting go of control happen? How did Raid Guild Start?13:04 - Showing the dashboard of the Raid Guild DAO on DAOHaus14:49 - When someone new joins, does that create new shares?16:30 - Seeing the list of members in Raid Guild17:30 - Is there such a thing as a partial rage quit? (i.e. sell part of his shares).18:14 - What are all the types of proposals that people can propose in DAOHaus DAOs?20:50 - Smart escrow https://smartescrow.raidguild.org/ 22:25 - How does a proposal outcome get enforced / QA control?23:02 - Guild kick (booting someone out)23:40 - Assurance for client and service provider via escrow-type services on-chain24:12 - Smart invoice https://smartinvoice.xyz/ 26:39 - Court on-chain (LexDAO, Kleros Court, etc..)29:20 - How to deliver a project w/ scope in tranches using Smart Invoice31:34 - Advantage of a service DAO, Raid Guild in particular. 33:35 - Long-term economic incentives for moloch-type DAO participants.36:55 - What are loot shares?37:29 - If a DAO decides to allow their shares to be transferable - the peg to a specific value would go away.40:20 - Besides pegging a token to governance, what other types of tokens are there? https://satchel.works/@wclittle/a-primer-on-blockchains-protocols-and-token-sales  (Utility token, work token, etc…)42:45 - Yeeting (easy way to raise funds for a DAO) → https://twitter.com/nowdaoit/status/1483463413464502277 44:20 - Off-chain to on-chain bridging - web3 to traditional - does Raid Guild work w/ “off-chain” customers?46:11 - Off-chain operations for raid guild via a standard reimbursement policy 47:00 - Where can people find Alex and Spencer to continue the conversation?  https://twitter.com/theAlexZub & https://twitter.com/spengrah