The recording so I'm I'm going to be auditing this so I'm going to just Francine of getting you you guys don't own the note taker Veronica right? No. All right. Remove you. Yeah. All right.
Take a quick debrief.
I've been back to back since 730. Like I have a plate of food next to me, which I will eat momentarily. And somewhere. That is a notes page for this meeting. I was so clever. I thought we were meeting yesterday. So the notes page starts out saying we vacated this meeting like no, I was just having a senior moment and did not read my calendar correctly.
Meeting was yesterday.
Yes, it is today. And it is not in fact vacated. What are we talking about? Clearly, we're debriefing on the European the Europe capital salon. Okay, okay. No, I'm just making the agenda. Don't jump ahead. What other things do we want to talk about? Shall we talk about next week's
agenda items before you had launched into questions? Sorry.
Questions around. Circle leads in the circle. People? Yes.
I've got a grant
we chat about
your intern. It was also in Asana. Some questions around what kind of software choice we want to make a group found any sort of relationship management or
access? Yes flows and tools that is a topic that has come up and I have already elevated to the infrastructure circle. Alright friends, we have six topics. Yulia. Do you have anything already you you missed my saying that I had a senior moment yesterday, when I miss read the calendar and thought yesterday was day and then proceeded to be very surprised. That nobody was on the meeting with me
only a quick I think the other format it was like leaving one reporting. Yeah, I don't know. Crowd funding or whatever.
Time Yeah, I'm abandoning that that format for the time being because we don't have the lead tweet of these workstreams figured out yet and and it seemed overly it seemed over engineered. The other agenda template at the moment. Alright, right. So. All right. We have topics Great. Shall we take them in order? Is Oh, I think Anna is not joining us but maybe she can she'll catch up asynchronously.
hearty applause The people who pulled off as an amazingly successful party.
Yes. loud applause actual applause let's record the actual applause. Yes. Thank you for reminding us Maya. Good. Yeah. No, thank you, Afghani and Francine and Anna in absentia for all the wonderful prep work and then pulling it off. Miraculously like making it look like we knew what we were doing. Thank you. I just deal with the camera because I already made the break. But it's it looks like it should
spread. Yes. That looks like a Negroni to me.
Nice. Nice. You. You're already ahead. It looks good. It looks very tasty.
Yes.
Following up with sequentially raised the chat, but I think the discussion itself was definitely good energy. Out with a question of what's next. Yeah, that's great. That would be helpful. Yeah, people want to continue right and I think a good outcome
Yeah. Yep.
Any other any other reflections I mean, I'm I was excited by the caliber of people who were in the in the meeting. I think it's not our usual fare in terms of like, it's not our usual member that like some of our membership skews a little bit earlier stage. And I think if Gainey all the work, you've been doing cultivating more mature companies, and then also raising questions around like what's in it? For them? Is is really timely. So I was and the investors are great, like Ingo and like the rest of them, they're just phenomenal people.
Right, so we have here we have 215 originally curated and NGO and I am being in touch with a few justice fear, like a few or a bit to bch, I guess so I think we do our like reading. Especially Ingo is quite an interesting, unique in that survey, because he's kind of a founder slash investors where social impact versus definitely
I felt like you did a really good job of bringing in capital investor founder to put together different enterprise level forms of alternative investments. So I just really wanted to call that out.
Thanks a lot. I think the group was was great. I think it's also has been like my reflection has been received. Well, actually, we would have had one more person, greet and then integrate, but he's really prominent because the new approach that was launched at DLD, which we can days ago and he's working with and I think would have been also nice, so there's definitely some full on like discussions, maybe we can take one on one. Because, like, the ones that are doing is they're very, they're just not that many. And they have some limitations, I guess. So I was wondering how to engage to encourage investors separately, and founders separately, because I think that they have slightly different needs, and maybe also with investors who might want to run a partnership. I don't know Astrid was just wondering, what probably would facilitate that. And you're right, because it's for kind of question with respect to potential how do we manage?
Well, I think I mean, the thought that I have is, and I wanted to test this with all of you, and maybe actually shape it into a formal proposal to the capital circle, is that my thought is that we adopt this container of a capital collective, to name the work of creating a sort of curated ecosystem of investors and entrepreneurs and the people who support them. And then it becomes potentially a standing event like or like a standing roundtable or it becomes a we can then also take it back to the BMW foundation and say, Hey, we now want to do a concerted, facilitated effort that has a discovery element, and where we actually get into the design of something that everybody wants to do together, maybe like create a fund of funds or a policy intervention or whatever it needs to be. And that would create both a so we create a container where investors have sort of an ongoing exposure to deal flow. And we're founders can participate if not at the table directly, then through interviews and through consultation and through any kind of deal pipeline we're developing. And, and it puts us into, you know, another interesting group or the sort of the entrepreneur support organizations, and it basically become sort of a standing initiative that eventually might want to flip into Oh, now we have the now we have the mandate to incorporate a European entity like we've been talking about in a in another track. So I thought I wanted to test that theory with you about using them the sort of container of a capital collective to advance the work.
think it would be very helpful to connect the connection or the engagement within the community. It felt like the discussion we're just starting and I'm sure that there will be a lot of medical memorization, which is great. Yeah. So the question is, how do we stay in touch with everyone? And I think Maya had some thoughts on that. I know that maybe it makes sense that we reach out like reading individually and ask me like for the designer, perspective, what what exactly is the best way to do it? And then we'll just do what people will cover if they want because I think I you know, my that you were talking
about was my gut instinct. And obviously, this is so super cute. I do but we're still in such an amazing state. That an individual to say with your experience, how can we create value in the world? Are there things we can do to support your work? Need asking open ended questions without a specific agenda? We obviously have a long term big part of our agenda is forming relationships
so that you're doing this amazing job but I'm wondering if having someone coming from another country asking zebras and vice versa, if we do something later on, and we've built an experience in Canada than having someone other than me, following up with the folks who are part of Salon so that each time we're genuinely iterating and building we've learned from the previous experiences. So yeah, curious about what people think about that because I'm, I am totally willing to put in the time to have very longer personalized conversations and documenting that central place where everybody is able to see and learn from the conversation and then if activities generate from that and obviously there can be follow up either and a partnership level or use specifically in your work that you're doing in Germany. There's other opportunities for alignment between
but I'm curious, how much of this we did want to keep internal to our record keeping and our sort of central repository of knowledge inside of zebras while we're still trying to create that magnet to pull people into our constellation, and how much of it we want to acknowledge the reality that humans are going to be humans and they're going to talk to each other whether we're present tomorrow. Yeah, you can't control humans. They're gonna do it, they're gonna do
well, I think I mean, that's where you know if you have a sufficiently generous brand, like a European capital collective, where others can declare themselves partners, along with zebras unite, right, so that's where Afghani for example, New Middle Eastern would say we are a partner in the European capital collective. Maybe we're looking for one or two, maybe Engels company would be a formal partner to this effort. Right? And then we can add maybe a BMW foundation or the spouse family office. And then we can say here is the container of a collective of people who are all moving in the same direction. And then zebras unite provides the infrastructure of here's a shared mailing list. Here's a Google group where we can just discuss these matters right here is or whatever, you know, European compliant tool we have to use. Right? That sort of that sort of idea of like, here is the generous container. And then you're right Maya, they're going to humans are going to human right, but we can then still use the work of inside that container to continue driving forward with our partners on Oh, now something wants to emerge that is maybe a new vehicle for mobilizing capital or you know, like, like has happened with the inclusive capital collective and with this collective ownership piece that we're that we're doing at the moment.
I think it's a really good idea to create a shared identity. Although the identity already is stronger, like my gut feel, that's what I was putting on email. There are a lot of companies in Germany as well, who are leveraging their friends for all kinds of reasons. So it would be nice to kind of connect the working capital collected through someone like a reverse united, European, reverse, technical collective I think it has to close for you closely to see but that's my gut feel because here we have, like kind of grassroots movements and everywhere, and I think we need to pull them together for bringing together from all under one umbrella and I think we can also what I think the strong part of that would be is we don't bring on the rest investors. Right. That's why I like the idea of having them try to program hundreds. Oh in records because I think what makes the conversation more truthful and more human, because then people start talking like they're competing with each other or pitch something started, like just talking about the actual problem, and maybe there will be an investor value issue. solution for the founder and vice versa. I think that zebra founder, collective, I don't know, like, oh, records like that's a piece by continent. I don't know how to call it I just have a feeling that we need to unite we need to unite the both sides. And then we've got kind of joint, we can bring first of all more, like private ahead of the curve, like more vain, as I mentioned, or the ones that don't really need funding. They're not attractive proposition because it seems to them and I think that kind of collective will be recalled for the ones that are looking for growth capital, and that might be in other industries, and foundries. They're all talking about the same. How can I not be part of it somehow? That's interesting, because it seems like a lot of brainpower managed to capture somehow. And I think that that is my gut feels a part of that. We need to put some Lighthouse examples, especially wherever more events founders, we can. Investors can say, hey, I can return like, and you say done doesn't work like it does work. Yeah. And the same is like, Hey, I raised this much money, and yes, it's the division here. But I was able to create the prototype.
So you know. So I feel like we're all sort of circling around sort of converging around. Even consensus that there is a sort of an onboard, you know, collective. We don't have to name it today. But you can see some experimentation there in the chat right. We the sort of the immediate follow up to just send a thank you which we should decide who sends that probably you have Ganey because you have touched everyone. And then maybe just like an immediate like, we will want we want to follow up with you about next steps. And just to buy ourselves some time. Right. And maybe just one little ask Who else should have been here today? So maybe it's just like a thank you expect follow up and who else should have been here? And then that buys us some time. Yeah, does that make sense? As a as an immediate next up?
No, that's great because very few people I really would like to join and we can follow up with them individually. And that is also a good way of saying that. Oh, yeah. Someone went missing. Right, great. Yeah. That's great. And is it okay, if I announced that Maya will get in touch with
so I wouldn't, I wouldn't. I wouldn't get into the specifics yet. I would just say the capital circle wants to get back like we will. So I really just thank you on behalf of the Zeebo sinot Capital circle, we will get back to you one of us you know, we'll we'll reach out and was missing and then that buys us time to do two things. I think one is my I have a sordid history and ethnography, and anthropological research. So you and I could bump heads on a little bit of an interview framework in your for your semi structured interviews, and we can sort of set that up a little bit. And then the other thing we could do and I'm looking at you, Afghani and Francine Francine who's conveniently covered by my chatbox Oh, there you are. Oh, dear. Maybe Maybe you guys could take a stab at describing the sort of European founder Founder Collective, so that we basically approach a sort of a, the beginnings of a one pager that we can circulate and sort of say and here's what we're hoping to do together. Does that make sense?
Just one last thing. I would add, I would probably invite them all. Once again to the next
circle. Oh, yes. Yep, yep, yep.
Again, to them and say like, Hey, in case you'd like to continue and see these like the other region, talking about the same issues. Join this one.
And then what and then and then once we have like a little one or two pager, we can then revert back to BMW and say here, here are the people that are showing up. Are you in or are you out?
Yeah, yeah. Yeah, I think that could be very proud to bring all the different people together even in one page and they like look like Who else who hasn't been participating in this discussion? I think it's going to be strong. Yeah. And one last thought that I had and copy the model. For example, week under and others and send also like individual proposals to, let's say, NGO, and say like, Hey, if we have funders, founders who like match you, you know, your fund structure. Can we recommend you? Yeah, can we connect like that? That would be like not really, because it's too performance oriented.
It's a little I mean, the challenge I have with that is that our, our diligence process at the moment is so under under resourced. And which is a separate problem that we need to discuss and thank you, Francine for coming on US Capitol quarterback right but we're gonna have to loop back with gardener sorry, back capital gardener.
So I think we have to solve our internal capacity first, but in the meantime, Ingo, if he hasn't, I don't think he's gone through the onboarding flow into the to air table. So that could be as simple as, hey, we want to book you into this ecosystem. So that as and when we can send people your way.
Founders go for that, and their expectation might be, as, as we know, not always fulfilled. We know tration sometimes because they really hope to get investors grasp and I always tell them just to ensure that they don't expect it, but they probably feel it. As long as one like, people they invest time so they love to get after this discussion, but my I think that's something we'll learn from discussion and we'll see how we can manage that so far. I'm happy with our follow up, and then we'll get back to you and individual conversation. If you want to continue Yeah, like join the next cool I wonder to
plugin that, that air table for long term investors like it, was there any extra ones? That you invited or was it just that investor that's not into your
it's just NGO, I think who was that you in the
in the chat there was only there was only Ingo but I think was also not on the table. himself with purpose ventures
for UT. Oh, thanks. So
I don't think that's the thing like I was not really going by the data. I was more going by the connections made. days and that's a bit of the question why I have the question about the cooling because it seems to be that sometimes the reality and they are always going on and that's usually and very startup ish, if you I'm just scratching off to a different, different subject matters. So from my perspective, the most important is the intrinsic motivation. Yeah, like especially in this kind of space. If people feel very connected to solving these issues, which they are, I think all felt connected. I think that's the question How do we put them together? So it might be like, you know, I don't know, the simplest solution in our projects is always grating and what we try to avoid, that's why does proposal, but that's what always people, you know, people always do that. As soon as it like a new project. They just put them all on Slack group and say let's problem solve.
Yeah, and that's actually unfortunately creates more problems because it's not scalable. But let's, let's hang on to the tool discussion for a minute. So is there anything so we're complete? I think on the follow up to the European capitals, salon. We are. Do we need anything else for next week other than to invite everybody and just do a little last minute hype around the US alone?
them so I'm just finishing that keeps today all the information
I think we're good
just one question about maximizing want to put out any kind of a press release that says you know this event happened Jesus learnings I like that term, and it's very fuzzy word, but these are a few things that we can share with the overall community and also be brief or something like a
statement
sevi we've had we've got a mailing list with which has an extraordinary number of people in Europe. And I think that being able to let people know that we're working is increasing our transparency and to establish that there's value to be part of this call. The things are moving and shake.
Yeah. Although Is it a press release? Or do we create in in concert with the one or two page or do we create a landing page like we did for the Southeast Asia capital collective, and a way for people to sign up if they specifically want to be involved with with that, right as so I think I mean, to me, that feels like a next next step. So so maybe after we're through the US salon, we can think about what it would look like to now have a like a landing page and a place for people to identify themselves and then we can actually put them into a segment of the mailing list.
Just present a different group. That's right. Not disagreeing with yours. Yes. And I think there's an opportunity for us to take a couple of bullets. Release that. And then that builds credibility for the next from that salon and that credibility. There might be an opportunity there for just a couple of different ways to honor participation.
Yeah, yeah. My question is just wouldn't what do we point them? Right, so somebody reads that? Where do we send them at that point?
I think the landing pages. But what I was thinking is that maybe we should highlight the connection that was made me to pronounce his name with purpose and then the lady who had the tampon company, about connecting and so already with one you know, like a social media blast, I think is fine another asset or, you know, even two, etc. One conversation led to a connection between remember Esther and the founder.
I think you're right, but we should wait until it happens. I think it's important to stay in touch with them. So the moment they are a bit forever, and release and then we can talk about it. I think before we can recruit interested if we do talk too much too early. I'm a bit afraid that we need like we had to run through events last year and we've done exactly what I was expecting, or I would do it again. And I think because we have even like virtual nodes of the year end of the day, it wasn't changing engagement. And I think what we're missing is the substantial step. So like, a clear term sheet, then we're like initiatives but really work that's what missing. People expect concrete things, small thing but to break things, for example, anodized returnship, that we start crafting together for, you know, like a small degrade foundation or something like that. I think people really need concrete things to be blasting about because otherwise they know that they just seem to have difficulties converting it to something concrete. So
So can we, in the interest of time, can we take this offline? Francine, can you make us a task in Asana to basically noodle on all the follow up steps we have two very concrete ones. We have one where we're going down a bit of a rabbit hole. And until I might my only suggestion is unless we have a clear call to action that says Sign this come here. Here's the next meeting. We should be very thoughtful about when we make any kind of blast announcements, right? So if we could just take this offline and I'll tag myself into the task if you don't do it, and then we can we can noodle on this between now next week. And beyond. Thank you all German you. Because you had some questions for NC and about the circle leads and I don't want to miss that. Who are they and why do we care?
Yeah. So I was just going through the first was, and this is logistic stuff. The first was there's 20 roughly that responded to the survey. This right. That's excluding myself and then we have like 65 first and then out of those group of people who then decide, okay, it's still telling people to write simple, ask, effectively, how can you contribute? These are the five top things that we need, which is number one, leading up to a particular work stream and then to sort of support in person. I just wanted to see if that makes sense to you who have never
The only thing we have to be mindful of is you know, and again, I mean, you and I can take this offline and work through it a bit more. So people come into the coop they see the list of all the circles they can join. And then the capital circle has not like oh join now right like there is this like if you want to join click here. And then I put them into into the whole like Google group and they come to our weekly meetings or not. And that's how we ended up with as many people as we have. So but technically at the moment, the coop is counting them all as being in the capital circle. Right. So I think if we want to clear them out, we should do it with warning to them. Like if you're not showing up if you haven't showed up in any capacity. By the end of June. We're going to reset the circle again July one.
And I could also, you know, reach out to the individual and just say, you know, what's your interest moving forward, thinking and do that?
Well, and then and then But then we have these specific people who had said is this quarter q2, we I want to do XYZ. So I think those are the first people like I think there's the mass mailing solution to you at one point we're in the capital circle, do you still want to be in it or not? Because we're going to come to you with specific opportunities for what to do. Like we're getting one more professional, more and more organized, we hope and there will be a new opportunity to opt in and q3 with specific workstreams. But then I think for the one on one attention, you want to focus on the 20 or so people that said this quarter, I want to do X, Y and Z and then make sure that those people are in the right workstreams because for example, we know we need more people doing diligence on the crowdinvesting Does that make sense? Absolutely. Awesome. Cool.
belts and proposal.
Yeah, you have a grant proposal that was due and some shockingly short time
and whether it's on or whether it's another one I just want to talk about sort of how
mean
well, I but I don't want to do is have us all digest this opportunity, frankly because I took a look at it. I'm going oh my god that is a shit ton of work. Well, it's a government grant
shit ton of work for the main partner which is the Canadian nonprofit which is I'm asking whether or not severs
wants to partner, but who is so you there is a Canadian nonprofit doing this putting this together
trying to get my answer. So I've got two leads that I worked on this past weekend. adventurers who approached me, Joe That's fine. Okay. These two folks, Jill earthy approached me, approached me, ah, DBS unite. Were really keen to do something in partnership with here, but it was a casual. But they would qualify for all of these grants. They may already even have something in. So I want to make sure that I've got the comfort level of this group. Before I reply to her response. She specifically grabbed me and say, Guess What are you What do you have in mind? And let's talk about it. But the current system that we have is I would go I would answer the call, we would have a coffee, we would figure out whether there's an opportunity and I would bring it back here. This is such a short amount of time. The question is do I bring it back here or do I bring it to
sheet? No. Well,
that's the right way because we're trying to establish protocols, right? So just trying to be responsive.
So the way this actually works, oddly enough, is the so the So functionally, this would show up both as partnership but also as money to the coop, right? Because we would essentially the coop would essentially end up being in some kind of subsidiary position to this Canadian nonprofit, right? And my recommendation would be that it's a co op that basically is a contractor and we would execute to a scope right and then there's a secondary question is a co op staff, or Co Op members who do the fulfillment of the scope, right, but functionally, the Canadian nonprofit would contract with the xiyue Co Op for fulfillment on this grant. So for us that actually comes in through the C to j, the classical to jazz, which is where all the doors into the dazzle happen, right. And then inside of C two j, we make a very quick determination, oh, is that a partnership? Is it a brand is it a whatever, right and then assign essentially sort of the account manager to it. And because it's a contract, we're scoping, it's likely going to end up on my desk or Alyssa is desk anyway. So but that is, that is the sequence of steps.
So got an answer is the sequence of steps you want me
to call Mater? No, I don't want you to call anybody as soon as you have. So I think no, no, no, no, no, I at the moment, it's an idea, right? Like until there is so I think the right order here is for you to like put together the here's the paragraph or the one page or of what this partner wants from us. Like what's the proposal? Like, do they want our brand and they want to give us $2,000? No, or do that? Right and so then if that's the case, you know, there are a couple of rubrics where no how do they want to help women are they are we talking about maybe a capital collective type effort in Canada? Right, so then, so
are we comfortable doing something specific?
I mean, that's what we have done in the case of the inclusive capital collective right? Whether we're we're taking a race lens in the US, and so we could make the case and say great in Canada, we're going to take a gender lens and stand up. And so roughly, I think, as you go into this coffee meeting, roughly the the ballpark we're talking about is probably 500,000 to 750,000. For one of these facilitated soup to nuts, you know, discovery through development of other capital product type processes, that we're that we're framing under this rubric of capital collective. Right. That's sort of the Cadillac version of what we're doing. Or what we have done with the ICC. And, and then that's what if that's, you know, you can just sort of see that's too rich for their blood. Then there are other ways in which we can probably come in, in an advisory capacity. The Coop generally doesn't want to touch anything under 25 to $50,000
So that's why I didn't bring it up unless it were talking about into DevOps,
right. Yeah. Yeah.
Okay, the second thing that I'm putting into the chat is to tell us pollinator fund. That's a rolling application. I think it's an opportunity for us to take a look at that. They're very focused around indigenous empowerment. So I think we've got an opportunity by partnering with economics.
Okay. Yeah. What's her name? Carolyn, Carolyn hills, North Carolina. Yeah.
And then also at Leighton capital. I think we got an opportunity to partner with them. Want to figure out leading into the next line here? I'm I'm cultivating relationships that I want to be able to share an open and transparent manner and also track the touch points. So while I'm hearing this, What tool do we use? I'd really like to start using this tool sooner rather than later. Just so that I can be documenting the relationship building process of belonging and getting mentoring from other people. Because obviously part of what we're trying to do is to develop to ensure we're bringing
to benefit everybody.
I don't want to keep doing this in isolation. I think we're getting to the scale where documenting this in a proper relationship management would be helpful. I can do it free and nimble. I can do it in Salesforce nonprofit, which is what we've got. But I don't think that's what you're looking for. And I know that that infrastructure is building something but until they filtered. I'm not finding the Asana is
Asana is terrible. No, it's not a Asana is not a CRM right. So so do you have what you need? No, no. Do you have no I just want to try to I want I want to try to get to completion on the earlier point. So so the the order of events is your meeting with the counterpart who would be applying for this Canadian opportunity. You're taking to them the idea that this is probably more something like a capital collective for which the ballpark estimate is half a million to a million say because Canadian dollars and inflation Right. And, and, and then if and so so so basically, I mean in the in the in the business, right? Like you're you're doing the lead qualification, right? And the moment we have that you can stick it anywhere you can stick it in the capital operations, and say this is now a live opportunity. And then I can tag it over to C to j. And we can make it live in both places. So that we're kept tracking it inside our portfolio as the capital circle. And we're tracking it as a revenue opportunity into the doors of the dazzle right so that they just to get to completion on that and then you can attach your notes, your your, whether it's a Google Doc or whatever, to that task, right and then that task can become basically the qualified lead. And then we can figure out how we what the next steps are. Great. All right, on the on the tools which I know have been breaking everyone's brains so the long and short of it is. So I surfaced so a number of things have happened, right, the capital circle is the circle that most actively uses Co Op members in the fulfillment of the circles remit. And what we're running into is that at the moment, all our operational infrastructure is basically predicated on people having a zillow.com email. It's not scalable. So, so Francine ran into this, you know, she was trying to send on behalf of capital Z was denied.com. Can't do it requires a change in our domain, in our DNS fkT was trying to get into zoom and we ran into the stupid two factor authentication problem, which requires you to be at the same at the same time, right like to be able to pass on the stupid code. So and now you're saying hey, we need a CRM that I as a co op member can touch, and input information and interact with, for example, for the purposes of investor management, and this has come up repeatedly, right? Like F Ganey wants to be able to put the European investors into a shared CRM and we want it to be tagged right so that that we know who the contact is owned by. So I don't just go calling up if gained his contacts, right, for example. So so so there's two things going on here. One is I have surfaced. These use requirements from Co Op members that are circle members, but not staff members or team members. And I'm escalating that inside the operation circle and say we're gonna have to solve this now. Right, like otherwise, we're forever trapped in the number of seats we have in some of these tools. And that's just not not scalable. So that's one thing and then the second thing is on the CRM we are actually working on a solution now. That will be a combination of an air table back end, and a neck front end that allows people to interact with the database without touching the back end database. Because at the moment, we have a finite number of people that are allowed to touch the CRM and it makes me nervous every time as it should. So So I think, and that's coming like that's gonna roll out over the next quarter, like for sure, because we have we're now at the Yeah, it's K NAC K. It's a front end solution to your question, Francine, and our friends at optive MI. We're just waiting for their scope. We're about to sign the contract with them. And then they're going to start building their front burner during some of the needs of the ICC, which coincidentally, is all about managing investors and facilitating capital mobilization right. So the ICCs needs in the capital circle needs actually really closely aligned. And then so that's so I think there is a short term answer, which is if you have access to air table I think I can invite you selectively into a capital circle into the zero capital air table so you can edit as a guest. So that'd be one on one way to do it in the short term and then know that in the medium term, we're we're working on that solution. Afghani, you unmuted yourself?
Yes, I think it's good to hear that movement on the pulling. I think the multiple requirements and probably people have and I was just curious, requirements for will be going to be elected or have been elected.
No, actually it is.
If we do that, then we do. Collectively. Everyone can have a chance to get into the backlog.
Yes, actually. So my friend hear you at the earlier today. I have been in back to back meetings for the last six hours. As soon as I get off this call. I will introduce you to Madeline who's our infrastructure lead because she is at the point where she also wants to have more direct input and have more members of the coop serve in the circle. And she's been watching what we've been doing in the capital circle with great interest. She goes Oh, so you have all these people who just show up and actually do the work of the circle and said yes, and it's bumpy and it takes a certain person to embrace the messiness at this point. But But yes, as a matter of fact, we have circle members who are called members who are doing the work of the circle. And so you will be exhibit number one of like here is a circle member who has who can speak to the specific requirements that arise out of the work of the circle, and who should be in the infrastructure circle because of your background in particular, if Gainey and some of the things that you offer up in your email, I know will be of interest to Madeleine because we have to solve for them globally.
Yeah, totally. Great. We have already started the discussion. We were trying to also do some interview with that either map that we created with connect with people that are kind of stuck because I think that the old and I was not sure what the priorities out of structure worship. I was like asking maybe the questions but no, I think I know nothing, but I'm not sure what the next step to be how to contribute. But I think it's great if we can discuss that video and how whoever's involved. I'm not sure even who's involved. But I'm sure that there will be great reception from the collective to hear that, folks solving issues. rolls at the end, you know, like, from my perspective that just needs to be defined who's know Correct, that's what I'm seeing as well and then it's fine,
correct. And then and then those roles, whatever, correct and then those roles need to match to certain access privileges in the tools, right and so that people who have like responsibility for a project inside a circle can automatically get into the layer of access that they need to do that work. Right. So know that. So Madeline is trying she's getting a bunch of stuff off her desk. This weekend. Next, then she's going on medical leave until beginning of July. And so I think this will come around pretty early in the next quarter, I think is when she's going to be ready to expand the infrastructure circle to to include more Co Op members. And in the meantime, I'll use your email to just put that in her inbox and say, and here's your first member. And then and then you are also the very logical connection, one to the capital circle and our requirements and all this and B to the whole world of like how we think about, you know, data access and security and privacy issues in a global context, because that's a little bit lost on some of my American colleagues.
Yeah, exactly. I just want to ensure as we go through this quite sensitive topic in Europe, finance and data always mixed up creates a lot of question marks. So I would love to have ensured that the data is collecting we actually able to use because, for example, one example we have for people who have registered too late for the European capital, meetup. They probably just thought that maybe timezone is like, US timezone. And it's still time to register. So they just register. First they're not approved. The question is, like, in Europe, we wouldn't be able to use the data invite until the other event technically, but of course we can in this case, I think because they probably quite close but I think these are just examples. For example, are we allowed to send them an email to run a newsletter campaign later for the property or not? Because we haven't asked Are we allowed to so that kind of kind of nasty data, security issues and simple ones, but more like
yeah, I guess I know, I know, she will appreciate having a thought partner on all this and in general, like all the requirements, the technical requirements are are set to conform with European standards, right like the and the level of data sovereignty that we're looking to implement, if anything will be more strict than European standards by the time Oh, for sure. No, and there'll be Yeah, like, this is all it's all. It's all on the roadmap. It's not the thing that we're going to push out and solve for next week, right? In the in the short term. And the short term, actually, the answer ends up being you end up having basically a private arrangement with a private company, right? Especially if people who are members, it's super easy, right because we already have an existing commercial relationship with all our members. As a result of which, you know, we can use their data in a number of ways. Yes,
no, that's perfect. I think I think we'll start as we move along. Yeah, I think capital capital is just an interesting question how we will be solving the non member issues because some of the people who are joining are not members. So but yeah, we'll figure it out.
Yeah, and I mean, some of that goes to the business model, right, and where, like, what what do you have to be a member for in order to access right?
Yeah. Yeah, that's a good reason to join.
Oh, Julia, you have all of three minutes of our overtime Yeah, kind of if you have any,
be wondering.
To be part of a pilot thing. I think you need some kind of assessment beforehand. So you have to be someone else needs to assess if you match or not. That will be a small part of it or question
because he doesn't fit any of the crowd platforms. He's interested in a private one I can make matching question. Yeah, it's a bespoke matching question. Yeah, for sure.
We can check it that's what yeah.
Yeah, I mean, we have two challenges. Like like one is even getting people through the crowd platform flow. And then when somebody has gone through, but it's not a match. Do we have nowhere to hand them off to at the moment? Unless we do it on a case by case basis? Yeah, so maybe you could take a look at scanning and make that determination and then the short answer may just be sorry, we're just not doing any matching at the moment. It's, you know, not a good time. No, I will take a look at Does
that make sense to match individually Right? Like if we can match we should match right? Because not too much work. So if you're like, Yeah, I think it's good. I definitely will take a look. I was just to focus right now on the event itself. So please, sure, yes, I want
and the other thing is like who's working on it because about I mean, Francine will have kind of a solution because she will talk to something but at the moment, no one's taking care about the incoming part. Two because I can do it, like, assessment reaching out or whatever. But I'm not able to talk to everyone. So coming in, so and I don't want to have that situation again and again, where I get in contact and tell them yeah, we can do something and we did an assessment and then no one is able to follow up and I have to tell them, I'm sorry.
Yeah, that's that's what I also know people from my last year experience, we are not really great and service for servicing requests yet. And we are not always very transparent that we are just started up in the space and sorry that we are like experimenting, still a bit here. And I think that they expect some very level, you know, professional level of support as the communication look like. And then we don't really tell them that it's just an experiment. I think maybe we should.
Yeah, well, I mentioned that but we had a commitment of some people that they will do the follow ups, and then we'll do the assessments. And so that's the reason why I reached out to everyone right. Now, we don't have anyone looking into it. So that's my only thing just to give you an update. Like I don't want to reach out at the moment. No, no,
no, I think I think I think we need to prioritize, you know, Francine, reaching out to the people who said they wanted to help with the crowd investing like the circle members who wanted to help and then drive them into that project and say, we need you to do this like now like this week next week. This week and next week, so that we can conclude this quarter with you know, like having served everybody who's recently come in through the flow and to sitting in the asana. project to be processed. Yeah, bring in that see, that's where you the cornerback, you may have to lean on them.
Well, I haven't done first thing to be disappointed.
Well, the one thing is, it's about me, and it's my company address I'm using
Yeah, yeah, no.
But the other thing is, it's the whole communication of the secret tonight and
our brand and you're right. Actually, it would be lovely if the two of you in figuring this out. Right. So Francine has come on, in a in a sort of more deliberate and more dedicated capacity to support the capital circle. Yulia is the head of one of the projects and she goes I can't do my work unless X, Y and Z happen, right. And so Francine now literally works for you. Like her job is to make your life more delightful. And also to figure out like, what are the systems we need and the process we need to actually make sure stuff gets done, so that we're living up to our principles and our promises, right, and that we're doing it in a way that people can rely on and do it in a way that other people who say, Oh, I can I could do that? I could, I could review interest, you know, founders if I knew what to do, right if it was easy to onboard into that experience. So you're actually you are the use case
concern in in many regards, like, I'm not sure you probably have discussed it but in my experience, matching honors, with numbers is, is quite complicated in terms of quality assurance, just on that basis, like Pixar or something, they don't do anything else and mentoring, mentoring, mentoring, mentoring and then they're able to sometimes close the deals sometimes not very much. So programs and I'm just wondering, how do we insure, like in such a short, like, you know, how do we ensure that quality? Because of course, if we, like, for example, connect with investors, and the quality of the connection was not good enough that we weren't convinced of the investors.
Yeah, that's, so that's why we want to be careful. On the bespoke introductions to investors. What we're talking about is just the diligence thing of zebra founders for the crowd investing platforms, where Yulia and others have developed a nice framework for assessing them
in this regard. The guy who wasn't able to join in exalt book, he actually created a new platform for European funding like that, and I was really keen on making you know, him, offering him the same type of deal.
Let's go through because I think it's gonna be really great, but it's done remarkably well. So it makes investments in such a
social impact, sort of simple, and I think it might be also another thing we can do here in Europe as we can like create another similar deal. We found here in this case, because then it's probably okay. If we have a framework. I was just a bit afraid of like matching someone to English, because, you know, you might be disappointed with the quality or whatever,
right? No, that's fair. So
I know we're getting close to the end there, but you had a question. About the intern.
Yeah, what's her capacity is just because it's getting being shielded processes. So
to help them some stuff. Awesome. So let's take that offline because she has learning objectives as part of her walking experience. So the learning objectives for this term are around data. And so I think there's some opportunities as long as she's got this
and this last term she put in the process for different accelerators. on the investor side and founder side, they generously allowed her to listen and on both sides of the conversation and now she's looking at curating that and looking for patterns. So I think that there's a real opportunity for overlap here. Or part of why I'm trying to sort of get okay where do we go on with this? Because we got an opportunity here in terms of her learning and her ability to contribute. She's also super focused around wanting to create students lead the first student led zebras chapter. She's putting together a pitch which I think would be super exciting.
Be fun. That'd be fun. Yeah.
So but she's painfully shy and still that's one of her learning goal objectives is building competence. So putting her straight in front of one to one relationships
Afghani just a final point on because so that is a straight up partnership. Right. So that's somebody you could introduce to Sisa with maybe a CC to me and say, like, when when that time is right, right, and say, here's another platform we may want to partner with.
Yes, yes. And I think it's something I wanted to do because Felix almost joined and someone from this team actually was registered, I think important to him and someone from his team, or to be seen him or her, but I definitely would pull up on them because I think I'm extremely right here. And we have another foundation, which is abortion. Right and it's really interesting in the discussion.
Yeah, absolutely.
Wonderful. Man. We covered a lot of ground. We also went a little bit over time. So may I suggest for future meetings? Any anyone I think on this group, certainly is empowered to populate the agenda. So Julia, you won't be at the bottom of the pile, if you get in ahead of the meeting and put yourself on top of the pile. But in general, like we can actually surface agenda items ahead of the meeting and and potentially even allocate how much time we think it's going to need so we can time box discussions. So we don't fall down certain rabbit holes.
Last question, I'll bring up next meeting. And maybe I have a way of doing that in a way that's very easy for everybody without having to constantly go back to documents and things like that
all right, if it works already for it. Alright friends, see and all the other channels I go team Bye