Summary: M&A Working Group Call #6 (April 24)
We had a last great call together with the working group - recapping on progress over the last 6 weeks and discussing the way forward in more detail.
Essence of the discussion were three major updates:
- As the outcome of the 6 weeks M&A working group, we will post detailed amendments on the forum.
- The legal workstream is solved for now with GCP and the foundation - which comprises an initial entity structure that the foundation supported us with. The way forward here is that the GCP will use the entity structure (for when it passes on-chain vote), and we will piggy back on their learnings at point of operationalization.
- After recapping the working group progress and posting amendments, we are now ready to take next steps as outlined below.
Next steps
With the amendments in place and a perceived level of positive interest across the DAO, we aim to move the M&A pilot phase to Snapshot by the end of the week.
- LINK TO PILOT PHASE PROPOSAL: HERE
- Any feedback on this, whether on or off the forum, is greatly appreciated.
The pilot phase (as detailed in the proposal) will entail an 8-week sprint with a focus on:
- Analysis of M&A value upside for Arbitrum DAO, incl. benchmarking
- Development of strategic areas for Arbitrum DAO supported by in-depth analyses, incl. alignment of target areas with key stakeholders in the DAO
- Analyses of target examples and presentation to the DAO
The 8 weeks will further be used to provide an extensive platform for discussion before moving to the operationalization phase