This is a comprehensive list of tasks that should provide solid direction for any new service providers. I agree with Wallfacer in utilizing a 3-month transition period to ensure adequate time to attract alternative service providers and then to smoothly hand over responsibilities. I think anything less would be too rushed, which could provide a sub-optimal outcome.
As for the budget, let’s look at prior budgets:
- Previous engagement: At the time of voting, $1,354,000 over 6 months, or $226k/month.
- Rejected continuation: At the time of voting, $3,168,000 over 6 months, or $528k/month.
- This proposal: As of right now, $1,496,000 over 3 months, or $499k/month.
While the dollar figure is still double the rate of the previous engagement, one must consider the cost of a rushed transition and how this could jeopardize TrueFi’s current traction.