I agree with the sentiment that it’s far from an ideal ratio (as @SEEDGov and others have noted). However, it’s an issue of economices of scale and at this stage we’re unable to lower the operational costs without affecting the viability of the program.
The alternative is to increase the size of the program i.e. fund more temas which would only marginally increase the Operational costs.
We’re thus proposing this as a pilot and hoping we can demonstrate its merit to then be scaled up as a recurring (and more cost effective) program.
Importantly, the ration should also include Venture Support as based on the venture studio model the thesis is that it’s more cost effective to have some experts work with the projects than letting each project try to hire everything in house. The Venture Support costs are thus part of what’s deployed into the projects. Making the ratio 3.5 / 1 Ops
As a nounance (we’ll clarify this before going onchain), the Comms costs are added within Ops but technically we can break these down with more sophisticated accounting into:
- program reporting
- amplifying projects through RnDAO channels and coordinating with Arbitrum Foundaton and others to amplify
- coaching projects on comms/growth
So perhaps anoher 10-15k can be attributed to Venture Support.