Some of my questions were already mentioned. But in addition to the above:
1 - What were the terms of the agreement (that you can share)? Was it an “acquisition,” an “acqui-hire” (?), etc.? How would you best describe it (ideally with 1-2 words)? And can you share resource time commitments that were agreed to as part of this deal, e.g. core team members remaining at Ren for X months/years, etc.
2 - When will we hear more details from SBF on the reasons for his investment in Ren? Have you discussed releasing more info jointly, or having him provide more details on why? To date there is very little from him or his group about how his investment into Ren fits into his strategy. Industry consolidation is usually a sign of maturity, but only when there is a clearly articulated vision and strategy. That seems to be lacking here so far from SBF, at least publicly. And why do you think we’ve heard so little from him to date?
3 - How did organizational members get paid previously (source of funds), and how has that changed after this acquisition? And while there is apparently no change in who sets priorities (still the Ren team), were any commitments made as part of the acquisition that changed the Ren team’s priorities, at least for 2021/22? If so, how?
4 - What do you see as the top 3-5 reasons (ideally ranked from most important to least important) for accepting this investment? How will you objectively define success of this investment, ideally looking back in 2-3 years?
5 - Mint fees were changed for “experimental” purposes. What have you learned form those experiments, and how will it impact future pricing? What is your stance now on variable pricing, with fees linked to time an asset remains within RenVM?
6 - Was MaxRoszko a good addition to the team, or a great addition to the team?