Matt Stephenson, Lavande, Scott Moore Thanks to Ben Jones, Maxwell Canter, RZ, Jonas, Dani Osorio, Simona Pop, and Lauren Stephanian for valuable comments and feedback There's been a lot of controversy about VC-backed organizations receiving Retroactive Public Goods Funding (RetroPGF). A full summary of the conversation around Optimism's latest RetroPGF round can be found here, but smaller pockets of discussion played out across X and Farcaster: image There are some genuinely strong reasons why we might not want to fund VC-backed orgs via RetroPGF: