After discussion we surfaced some reasons not to do it:
We might want to get more experience as Grantee before acting as grantor.
Dispersing and requesting money puts us in a weird spot when fundraising if done at the same time.
If we downsize the round too much we only annoy people by either being too selective or "slicing-the-pie-too-thin" so everyone walks away with $100 each or worse.
https://gov.gitcoin.co/t/gg21-community-round-proposal-template/19015
Name (or Topic/Theme) of Proposed Round:
"Make Ethereum Cool Again" with 2077 Collective!