You are viewing a single comment's thread from:

RE: FOUNDATION PROPOSAL: The Merger

in #foundationproposal • 7 years ago

It makes good sense what you say about volunteering. However I just look at the best talent in the world for some positions. Very talented CEOs don't come cheap. Imagine what a celebrity CEO could do for Steem?
The American concentrated part is just because the foundation happens to be there. Actually if you read another proposal, it specifically says it will not be in america. Personally I like America for both a location of the foundation and just a great place in general. But we have to consider some people don't like america and would rather a foundation be in a neutral country.

Posted using Partiko Android

7 years ago in #foundationproposal by
100%
    -100%

      Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

      • Disagreement on rewards
      • Fraud or plagiarism
      • Hate speech or trolling
      • Miscategorized content or spam

      Submit
      0.00 JAHM
        Reply 1
        Sort:  
      • Trending
        • [-]
         7 years ago 

        It makes good sense what you say about volunteering. However I just look at the best talent in the world for some positions. Very talented CEOs don't come cheap. Imagine what a celebrity CEO could do for Steem?

        At some future point, when the foundation is a rocking success, the board may choose to allow remuneration in order to attract some celebrity CEO. That would be a long way off in the future and definitely NOT in the startup phase that we're going to be in.

        Yes, I know some of the proposals are not in favour of the legal entity being US based. They will have some hurdles to deal with when it comes to the major funding coming from the US, but that will be their wall to climb. :)

        The reason here was pragmatic, major initial funding coming from the US, then establish the legal entity there to line up with legal requirements.

        100%
          -100%

            Downvoting a post can decrease pending rewards and make it less visible. Common reasons:

            • Disagreement on rewards
            • Fraud or plagiarism
            • Hate speech or trolling
            • Miscategorized content or spam

            Submit
            0.00 JAHM
              1 vote
              Reply