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.
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.