9 ms·
This is so jargony that it's painful to read. They don't explain what a BBN is until paragraph 7, and even then, they're describing it in terms of how it's dif
by mtlynch 1y ago
This is so jargony that it's painful to read.
They don't explain what a BBN is until paragraph 7, and even then, they're describing it in terms of how it's different from "FROs," another jargon term I've never heard of.
To avoid a shallow dismissal, I'll try to summarize:
- BBNs are research-heavy consulting firms (named for Bolt, Beranek, & Newman, the firm that developed ARPAnet).
- OP is trying to think of funding instruments (partially inspired by YC's SAFE note) that make it attractive for investors to provide capital that helps BBNs operate.
- OP doesn't really propose anything but is soliciting ideas from would-be founders of a BBN-type firm.