Compensation

This is definitely a hard topic to solve effectively. Builders (all role-encompassing) in DAOs need to be compensated transparently, fairly, above trad-market rates (to account for the increased risk). All while ensuring mid-long term builder<>community alignment. a/ 🧵

In 1998, Citibank and The Travelers Insurance Company merged. They hired legendary designer Paula Scher to create a new logo. In their first meeting, on a napkin, Scher drew what became the iconic Citi logo. As Scher got up to leave the room, someone from the Citi team asked,… Show more

In the last 5 years, we’ve paid $3.9 million in profit sharing to the ConvertKit team. While most companies hope to return money to shareholders in a moonshot acquisition, we’ve created a unique model to help our team think like owners. Here’s how our compensation model works: