After some considerable reflection, I do not think the proposal is a good idea and plan to vote against if taken to snapshot. At the present juncture, I believe it is much better suited for a Plurality Labs grant program than being its own standalone entity.
Some reasons;
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It’s always scary for delegates to transfer large amounts to a single entity when there hasn’t been a pilot already done. Would inspire more confidence to allocate these large figures if a pilot is first undertaken with PL Bridge proposal !
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We should be extremely wary of setting up entities that seek to represent or embody arbitrum dao in any way. I would much rather an equivalent of a super PAC be setup (external to a politician but still advocating for them) than something framing itself as an operating company for the dao (especially when we already have the foundation doing an admirable job).
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its unclear if we can have onchain governance for the OpCo. I would rather have the DAO be completely onchain and have different allied structures supporting it than create some legal entity for the dao that would suffer from the same traps of the conventional world.