# Hybrid model

`kaal:entity:hybrid-model`

**Status.** derived

This node is assembled mechanically from the 5 claims that carry the concept tag `hybrid-model`. It is a roster of what the corpus says under this term. It is **not** an adjudicated definition: no single statement here has been ruled canonical, and no first-appearance call has been made. Read the claims and judge for yourself.

## Every claim under this term

5 claims across 2 works, 2021 to 2024.

**2021**

- [3962614-030](https://wulfkaal.github.io/claims/3962614-030) [failure/argued] *(failure mode)* -- The basic VC DAO model mixes fungible cryptocurrency investment with minted non fungible reputation, and this duality prevents the full benefits that are generated when non fungible reputation is staked alone on deals.
  > Rather, the VC DAO GP invests both fungible cryptocurrency from a pool as well as non-fungible and minted reputation on the portfolio companies. This duality does not allow for the full benefits that are generated if non-fungible reputation is staked alone on the deals.
  Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614
- [3962614-031](https://wulfkaal.github.io/claims/3962614-031) [predictive/argued] -- Because of significant path dependencies in the capital formation and capital allocation processes of existing venture capital models, the ideal typical reputation based capital allocation model is less likely to be created in the short term.
  > because of significant path dependencies in the capital formation and capital allocation process with existing venture capital models, the above illustrated ideal-typical reputation-based capital allocation model in Figure 1 is less likely to be created in the short term.
  Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614
- [3962614-032](https://wulfkaal.github.io/claims/3962614-032) [design/asserted] -- In the hybrid VC DAO model eighty percent of returns are allocated to investors pro rata as ROI and twenty percent of returns are allocated to the reputation salary pool.
  > 80% of returns are allocated to investors pro rata as ROI. 20% of returns are allocated to the reputation salary pool.
  Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614
- [3962614-035](https://wulfkaal.github.io/claims/3962614-035) [failure/argued] *(failure mode)* -- The hybrid smart contracting model is defective because VCs are partially incentivized to fund and stake only the best deals while staking on less optimal deals that the market mostly funds, which undermines their long term reputation accumulation.
  > The problem with this model is that VCs are incentivized partially to fund and stake only on the best deals and stake on the less optimal deals that are mostly funded by the market. This undermines their long-term reputation accumulation
  Wulf A. Kaal, REPUTATION AS CAPITAL – How Decentralized Autonomous Organizations Address Shortcomings in the Ventu (2021). SSRN: https://ssrn.com/abstract=3962614

**2024**

- [4796714-040](https://wulfkaal.github.io/claims/4796714-040) [failure/argued] *(failure mode)* -- The hybrid model falls short of full community co-governance because it relies on a select group of experts for data validation and therefore may not capture the diverse perspectives and expertise of the broader community.
  > This is a significant step beyond the hybrid approach, which, while incorporating community input, primarily relies on a select group of experts for data validation and may not fully capture the diverse perspectives and expertise of a broader community.
  Wulf A. Kaal, AI Governance (2024). SSRN: https://ssrn.com/abstract=4796714

## Verify

Every claim above resolves to a record carrying a verbatim source quote, the sha256 of the source PDF, and a preformatted citation. Nothing here asks to be taken on trust.

    curl -s https://wulfkaal.github.io/entities/hybrid-model.md | sha256sum

**Canonical form.** This markdown file is the canonical hashed representation of this entity node. Its sha256 is the content hash.