Arbitrum Growth Circles Event Proposal

Thanks to everyone for the great engagement. We appreciate the thoughtful discussions and feedback. They seem to fit in a few categories and this is an attempt to cover the majority of them even where we might not have answered every response individually. We also had a fruitful discussion on most of these in the AGC Office Hours yesterday. Please review the recording for deeper explanations or ask further questions here.

Who are the experts:

Your concern is valid and addresses a key risk in peer-to-peer learning programs. As a general principle we allow people to only speak out of personal experience, rather than teach what they’ve read about or be taught.

Our facilitators are not intended to be instructors, but instead aid the sharing of recent, practical experiences and valuing both successes and failures, as failures often provide deeper learning insights.

Research indicates that learning from peers who are in their “zone of proximal development,” those just ahead in experience, is highly effective due to the relevance of shared experiences. Given the rapid growth of Orbit chains, from a few to approximately 100 within a year, we can also use it as a chance to identify common challenges and bridge gaps in understanding. Individuals unfamiliar with Orbit chains can still offer valuable insights by connecting its benefits to broader applications.

In fact the very fact that there isn’t a wealth of recognised experts on a topic like Orbit, which is very new, makes it the perfect fit for having the proposed approach. Frontier topics like these are the default environment in which we’ve done most of our work.

We have successfully applied this approach across various industries where often we had less personal expertise to start with (from aerospace to off-grid agriculture) by facilitating the exchange of insights rather than relying on singular experts. We feel quite confident about the current situation.

All that being said, the approach allows us to work with certain well recognised figures to provide social proof and leverage their experience in supporting us to weed out any actors who are not meaningfully contributing to the learning process. More of how we’re approaching the recruitment is visible in the marketing section.

More about our team here. We will share our Go-To-Market experiences in a future post.

Budget

The topic of costs and budgets was discussed in the office hours and we feel that this is very welcome towards establishing norms, so different proposals can be compared.

Ultimately I think we should be doing a better job to express both the value as well as the costs involved. We made an update to the explanation of what fits in every category.

How we reached these numbers:

We used time estimates of how long these activities typically take from previous programs we’ve run. In the case of the clinics, here is what’s the work involved:

  • Growth Circle Clinics: $15k
    • 7 clinics with 3 facilitators
    • $3k or the initial one + 2k for the next 6
    • 3 facilitators running topic preparation, developing guest expert briefs, providing per and post session feedback, participant engagement to curate topics (incl. reading decks, materials, data rooms, form responses, feedback processing, retro, improvement planning for next sessions) Management of the group chat platform to collect asks, organise P2P support, share useful insights about certain participants to deepen the relationships etc.
  • Essentially we have about 32h of work per biweekly session to make it run like intended + a one off effort for 16h around the first one, due to broader team involvement and additional preparation. The team involved in the project is 3 higher time commitment core participants + 4 supporting ones.

It’s worth also keeping in mind that running these activities online is often more costly than doing them in person if you are aiming at the same level of experience. Additionally if you want to have higher caliber participants, the sessions need to be very tight and high value, which also means that the team organising them needs to be more senior and spend more time preparing them. Eg running a 4h session might cost less or the same compared to 2h one if the aim is to achieve the same output.

Relationship with AVI

Additionally, we fully acknowledge the delays with AVI and the shortcomings in how we’ve communicated our work to delegates. Stakeholder alignment and management was more complex than we expected. There have been many efforts to address this, including engaging you and others on this, and strengthening the ability to efficiently align AVI’s work with the DAO is one of our top priorities.

As a part of this effort, we’ve scheduled three follow-up sessions in response to last week’s presentation (the lumas can be found here: Wednesday, Thursday, Friday) and additional AVI Office Hours. We would greatly appreciate your input.

Regarding budget transparency, we welcome a discussion on how our costs compared to other benchmarks and have provided more detailed breakdowns in the main post.

Does this fit as a part of the Events budget

In terms of the events category, yes as discussed on the office hours yesterday, we do recognise it might be a borderline case. Thank you for attending and engaging! We were under the impression that it fit under the educational workshops subcategory. That said, we now recognize this has led to confusion about the series, with some perceiving it as a simple speaker event and podcast rather than the more intentionally curated and hands on support initiative it actually is. This was designed with a clear structure, as we’ve watched many informal attempts fail to generate meaningful results.

We agree that we should focus on providing value through the events that are proposed. Since we are approaching the end of Q1 and only EthBucharest has been approved, we believe that these educational workshops fit well within their expressed aims and can provide the value outlined here.

We’d also like to clarify that this is not primarily meant for marketing, though it might be a secondary benefit.

We agree that short-term strategies matter, and we also need to think long-term. As a DAO, we have the ability to do both. That being said, we wholeheartedly disagree that the sentiment is all negative, there’s a segment of founders that build on Arbitrum because the tech works and they are barely aware of the DAO or have hardly interacted with it or the social media discussions around it (some never have).

We should focus on identifying lanes that make sense long-term, not just because they are trends, but because they align with Arbitrum’s ability to generate real ‘on-chain GDP’ and strengthen its core assets. This is the foundation of the AVI thesis. If we limit ourselves to competing on what might become zero sum games in an oversupplied infrastructure market (where 50k developers have 100 chains to choose from, many indistinguishable) we risk stagnation. A more balanced approach ensures both short-term traction and meaningful long-term differentiation.

Misc.

Thank you for pointing this out. We’ve corrected it on the forum, with an emphasis on highlighting the information about the lack of Tally.

McFly, some of what you’re saying has merit. However, many people would agree that YC’s $0.6T+ in portfolio value has been at least to an extent enabled by their support, while certainly some of these companies would have made it otherwise too. And furthermore they’ve been able to capture a lot of this value. In a competitive environment where Solana is doing an excellent job of already doing a lot more for application layer builders there’s merit in the Arbitrum ecosystem helping itself to be even more competitive.

We’re glad to see people engaging with the materials on the forum and your attention to metrics is appreciated. While there isn’t a final report for Phase one yet, if you attend the AVI thesis events (found here: Wednesday, Thursday, Friday) you can get more insights and meet with some of the parties interested in collaborating. While objective metrics are possible in the long-term, meaningful insights rely on a high-context, high-integrity stakeholder group with skin in the game. This is why we are pushing the AVI Snapshot related to the Interim Experts Council.

In the meantime, we aim to:

  • Develop a logic model that challenges our assumptions about what drives impact on key outcomes
  • Keep things simple and encourage DAO participants to engage, make intuitive judgments based on anecdotal evidence, and remain open to refining their understanding over time

The recording of the office hours can be found here and we’ll link it at the bottom of the main proposal post.