P-31: AGΞNCY ΞXPERTS Q3 + Q4 Budgets

[kempsterrrr]

Thanks for putting this together @Gordo - does this mean we can archive the old version to avoid confusion? [DRAFT] Agency (DD_Experts) Q3 + (Q4)

I agree with @Billyjitsu; we need something like an Agency in the DAO. I also appreciate your openness about aligning with the ideas proposed in the lab’s budget. I am really excited about the future and what value can be generated for DAO Members, Contributors and the ecosystem.

Some broad strokes feedback/questions…

1. How do you see the split between “venture building” and providing services?

I’ve shared my perspective in the past with you directly, but I will share it here again. I believe providing services has a far clearer and faster path towards validating a sustainable business model (being able to pay people) here vs. ventures. I also worry that too much focus on ventures would distract from that and that the DAO will continue to fund efforts that return no (or very little) value to the community.

I feel we would be better off doing this in reverse - proving agency can sustain a model that pays people and then get more creative with ventures.

2. Model / Financial Returns etc.

@Gordo

We recognize the importance of supporting Developer DAO’s financial stability. To this end, we propose allocating specific percentages of the Agency’s revenue to the DAO based on the milestones achieved:

10% of the profit from the Agency’s overall work.

You’ve mentioned both here, so it’s unclear which one you’re proposing.

If you are proposing profit, I’ll re-share thoughts here on why I can’t support that, but I won’t bore everyone for now. joy:

@Gordo

We plan to review this model at the end of Q4. As our business evolves. By the end of Q4, we will revisit this model to ensure alignment with our growth strategy.

I think over time, the business model between teams will need to be re-assessed as we figure out what works and what doesn’t. Right now, everything is coming out of the Labs budget: preferred partner rev share, marketing, legal, ops etc. as well as costs for building the website. That isn’t a sustainable or fair status quo of Agency were to scale, and Labs were still covering all those costs as it disadvantages the contributors in Labs vs other Sub-DAOs.

The value being contributed by the Agency is going to the DAO, not Labs. Maybe labs will become a paid service provider of agency in the future, maybe once agency /academy have revenue the % split of preferred partner revenue is stopped, and that is the cost of marketing etc., support.

Things to discuss in the future for sure. For now, the Labs team are happy to help fund/support both getting on the ground to help the DAO be more successful.

@Gordo

In return for the value contributed, we expect that the Agency will be the first selection as a service provider from within the D_D DAO. Furthermore, the DAO should be the place to go for active members looking to engage for service provision, channelling the best members of the Developer DAO community into the Agency, ensuring mutual growth and success.

We expect as well from D_D Labs a side by side relationship helping on business development and marketing actions in order to drive high quality clients into Agency

ping @stewards