Background

Orange DAO is a decentralized autonomous organization that invests in early-stage web3 companies. The team consists of over 50 Y Combinator founders who evaluate potential investments. However, coordinating such a large decentralized team can be challenging without the right tools and processes in place.

Problem

The main challenge was to create a process that would allow the Orange DAO team to evaluate and invest in potential companies efficiently. With such a large team, it was difficult to coordinate everyone's efforts and ensure that all evaluations were completed on time. Additionally, there was no centralized platform for tracking investments or communicating with other members of the team.

Solution

To address these challenges, we developed custom software that allowed for efficient coordination of the Orange DAO team. The software included features such as a centralized platform for tracking investments, communication tools for team members, and automated reminders for evaluation deadlines.

We also implemented a standardized evaluation process that ensured all potential investments were thoroughly evaluated by multiple members of the team before any decisions were made. This helped to reduce bias and ensure that only the most promising companies received investment from Orange DAO.

Impact

Increased efficiency in evaluating potential investments by over X%
Invested in over 50 early-stage web3 companies
Improved communication and collaboration among Orange DAO team members
Standardized evaluation process reduced bias and improved investment decisions

Team

Jane Doe - Lead Developer
- Oversaw development of custom software solution
- Collaborated with Orange DAO team to identify key features and requirements
John Smith - Project Manager
- Managed project timeline and budget
- Liaised with Orange DAO team to ensure project met their needs
Samantha Lee - UX Designer
- Designed user interface for custom software solution
- Conducted user research to inform design decisions

Efficient Coordination for Decentralized Investment Teams