Thanks @ivorano and @thedevanshmehta for your comments.
When looking at Arbitrum, it’s important not to view it solely through a traditional web2 perspective. Startups are high-stakes environments where the goal is often rapid, short-term growth. Arbitrum’s situation may not fit this mould, so we need to tailor the strategy to reflect that.
Too much money could be counterproductive - it creates an obligation to deploy capital at all costs - which commonly reduces investment requirements and consequently their effectiveness as measured by ROI. On the other hand, big treasuries can become a distraction and often end up disincentivizing execution by causing core teams to lose track of the market and general hustle mentality.
It’s crucial to have clear, agreed-upon goals for every initiative even before the planning phase. For treasury management, this might mean creating an Investment Policy Statement; for grants, a specific list of objectives and KPIs. The DAO hasn’t yet established a solid framework for resource allocation, so until then, the focus should be more on ‘investing’ rather than just ‘spending’.
In conclusion, while the DAO is still in a growth phase and sustainability isn’t the immediate priority, we need effective frameworks. These should help identify needs, set priorities, establish goals and KPIs, allocate resources efficiently, measure results, and provide feedback.