# (RFC) Proposal: \[Non-Constitutional\]: Establishment of Arbitrum Ventures Initiative (AVI) **URL:** \ **Category:** Finalized AIPs\ **Created:** [April 16, 2024, 1:38am UTC](https://forum.arbitrum.foundation/t/rfc-proposal-non-constitutional-establishment-of-arbitrum-ventures-initiative-avi/23222 "2024-04-16T01:38:54Z")\ **Posts on this page:** 1\ **Showing post:** 4
**Author:** ![Immutablelawyer](https://yyz1.discourse-cdn.com/flex029/user_avatar/forum.arbitrum.foundation/immutablelawyer/32/13131_2.png) [@Immutablelawyer](https://forum.arbitrum.foundation/u/Immutablelawyer)\ **Post date:** [September 5, 2024, 1:13pm UTC](https://forum.arbitrum.foundation/t/rfc-proposal-non-constitutional-establishment-of-arbitrum-ventures-initiative-avi/23222/4 "2024-09-05T13:13:06Z")
**Notice of Withdrawal from the Arbitrum Ventures Initiative** Dear all, I am writing to formally inform the ArbitrumDAO that we have decided to withdraw from our involvement in the Arbitrum Ventures Initiative. This decision has been made after careful consideration and deliberation by our team. Our withdrawal is primarily due to a disagreement with the current direction of the Arbitrum Ventures Initiative. Please be assured that we have communicated all pertinent details and concerns that led to this decision to the Arbitrum Foundation. Our intention is to ensure that this transition is as smooth as possible, and we remain committed to supporting the broader goals of the Arbitrum ecosystem in other capacities where our visions are more closely aligned. We appreciate the opportunity to have been a part of this initiative and wish the Arbitrum Ventures Initiative continued success in its future endeavors. Kind regards, Joseph (Immutablelawyer) --- _[View the full topic](https://forum.arbitrum.foundation/t/rfc-proposal-non-constitutional-establishment-of-arbitrum-ventures-initiative-avi/23222)._