Thanks to the search committee, the CEA team, the boards, and the kind commentersāIām looking forward to joining the team!
Zachary Robinsonšø
Karma: 2,288
Iām planning to publish some forum posts as I get up to speed in the role, and I think those will be the best pieces to read to get a sense of my views. If itās helpful for getting a rough sense of timing, Iām still working full-time on EV at the moment, but will transition into my CEA role in mid-February.
EV upĀdates: FTX setĀtleĀment and the fuĀture of EV
Cross posting from here
Thanks for flagging! New donations wonāt be used for this settlement. The funding for the settlements has already been secured, and none of EVās projects will need to allocate any additional funding. Besides funding that came from FTX, no funds that have previously been donated to a specific project will be used as part of this settlement.
As noted by Jason, the EV US settlement remains subject to court approval, and we wonāt be commenting on it further while the settlement process is still underway. With that being said, we didnāt want any misunderstandings to disrupt CEAās fundraising efforts in the meantime.
Also, as a minor correction, the motion to approve the settlement was not filed by EV US ā it was filed by the FTX debtors (this is standard practice for approval of settlements in bankruptcy cases).
Thanks for flagging! New donations wonāt be used for this settlement. The funding for the settlements has already been secured, and none of EVās projects will need to allocate any additional funding. Besides funding that came from FTX, no funds that have previously been donated to a specific project will be used as part of this settlement.
As noted by Jason, the EV US settlement remains subject to court approval, and we wonāt be commenting on it further while the settlement process is still underway. With that being said, we didnāt want any misunderstandings to disrupt CEAās fundraising efforts in the meantime.
ApĀply or nomĀiĀnate someĀone to join the boards of EffecĀtive VenĀtures FounĀdaĀtion (UK and US)
UpĀdates to the EffecĀtive VenĀtures US board
Zach (Interim CEO of EV US) here. Weād still like to get out more information on EVās communications and policies. There have been a number of personnel changes and other updates that have made this take longer than intended when the original post was written, but itās on our to do list.
1. Itās unclear what the legal status of EV will be at the end of the process. If it does exist, I expect it would be in a minimalist fashion and I wouldnāt expect it to resemble what it has historically looked like (e.g. I donāt expect it to be a fiscal sponsor for multiple projects).
2. No specific timeline. Itās in a queue with other pieces of public communications I expect to do after I transition into a new role at CEA, and Iām not planning on it being the first piece.