<transcript><audio_75>have very large funds trying to allocate capital in areas where in many different fields without a lot of knowledge and a lot of signal processing and you get into like these very really bad feedback loops where massive amounts of money just gets deployed in poor ways so what we need is some some composable</transcript><transcript><audio_76>structure the ability to create a fund structure similar to a vc fund that has composability so you can a fund itself can raise capital from other funds like it that it can deploy capital and can get feedback directly in that transaction we</transcript><transcript><audio_77>need to make that transaction itself composable and this is what part of the problem here we don't have a good unit to sort of propagate back um however we might be able to create a unit like this um so through things like you know the public funding mechanism uh</transcript><transcript><audio_78>exploration that's happening in the in the grip space and the dial space um we might be able to get to so so one idea and it's not clear whether this will work but this kind of</transcript> have very large funds trying to allocate capital in areas where in many different fields without a lot of knowledge and a lot of signal processing and you get into like these very really bad feedback loops where massive amounts of money just gets deployed in poor ways so what we need is some some composable structure the ability to create a fund structure similar to a vc fund that has composability so you can a fund itself can raise capital from other funds like it that it can deploy capital and can get feedback directly in that transaction we need to make that transaction itself composable and this is what part of the problem here we don't have a good unit to sort of propagate back um however we might be able to create a unit like this um so through things like you know the public funding mechanism uh exploration that's happening in the in the grip space and the dial space um we might be able to get to so so one idea and it's not clear whether this will work but this kind of
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