(Q4192)

At the most basic level I just can’t see how we can logically or reasonably justify the continued spending on TNS at the scale being asked for in this proposal based on the results demonstrated so far. Running twitter spaces (or a media company) at a cost of over $1m a year – taking the metrics given in the prop itself, doesn’t add up for me. $1m+ a year is an absolutely massive amount of money for something like this. When we try and gauge how TNS is doing I think we should look at the flagship NOC show as a barometer of performance…the flagship show should be just that. The data for this specific show should be fairly clear but It isn’t. It seems to get <100 people on it. I do think Toady is genuinely trying to build a Nounish media company BUT at the same time I do not think that it is working in its current format nor can it bring value anywhere near what is being spent under the current model or the one proposed in the prop. The core team on TNS consists of 8 people. 6 of these members works together over multiple projects and between those 6 people they will have received somewhere between $4.5 and $5m in funding if these proposal pass. This isn’t to pass judgement on anything here apart from to say it’s a lot money for a team that all work together (in tns, nouncil, uglydao). It just is to illustrate the points above, to show there is a focus outside of tns too from the core team and to warn against the centralization of all media control among any team. TNS has a place in Nouns and I think Toady should be funded for TNS. But it should have a clear focus on its main show - Nouns O Clock. All efforts should be singularly directed on building up that show, getting an audience inside and outside nouns. It should have a much smaller core team and a budget of around 100-150k (which is a lot of money to build a spaces or podcast on top of the 600k already received!) Before we talk about building a media company let’s focus on doing that one thing and one thing well. Is this a hell yes? No- Not in its current form. Hindsight