<transcript><audio_85>blue here is like the this kind of public uh good oriented oriented thing one of the key things here is you can do carry structures with impact certificates you can you can have the traditional vc style performance indicator of carry and not</transcript><transcript><audio_86>have and really couple the the performance of the fund associated with the impact that you care about doing and what's really cool about impact certificates is that you can do um impact certificates associated with specific fields you can value those impact certificates with a group of people that understand that field and</transcript><transcript><audio_87>can know after the fact five years later 10 years later and so on what that impact uh was really worth so my sense is that we can do this kind of thing for open source and we can use impact certificates in these kinds of kind of structures there's a great talk from puja in the last event that goes</transcript><transcript><audio_88>into into a bunch of structures i think that impact certificates can be weaved through most of these we can do this in the science and r d funding we can create as we have the traditional fund grant systems we can start flowing back impact certificates and start accumulating them we can just start doing it and start</transcript> blue here is like the this kind of public uh good oriented oriented thing one of the key things here is you can do carry structures with impact certificates you can you can have the traditional vc style performance indicator of carry and not have and really couple the the performance of the fund associated with the impact that you care about doing and what's really cool about impact certificates is that you can do um impact certificates associated with specific fields you can value those impact certificates with a group of people that understand that field and can know after the fact five years later 10 years later and so on what that impact uh was really worth so my sense is that we can do this kind of thing for open source and we can use impact certificates in these kinds of kind of structures there's a great talk from puja in the last event that goes into into a bunch of structures i think that impact certificates can be weaved through most of these we can do this in the science and r d funding we can create as we have the traditional fund grant systems we can start flowing back impact certificates and start accumulating them we can just start doing it and start
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