EFTA00813949.pdf
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From: Joi Ito
To: "Jeffrey E." <[email protected]>
Subject: Re: consulting contract
Date: Wed, 26 Oct 2016 11:09:03 +0000
I would have to write it up but I can.
Sent from my iPhone
On Oct 26, 2016, at 07:05, jeffrey E. [email protected]> wrote:
Do you have a write up on blockchain central bank proposal
On Wednesday, 26 October 2016, Joichi Ito I wrote:
This is what I sent the person Sultan told me to contact about the contract and got no response.
> Begin forwarded message:
> From: Joi Ito
> Subject: consulting contract
> Date: August 31, 2016 at 12:28:02 AM EDT
> To: Sara Falaknaz
> I discussed signing an independent consulting contract with DP World. He said I should discuss details
with you and then you can talk to him.
> Do you want to make a list of what you think we've committed to me helping with and approximately how
many hours?
> I think in a very early email, I put something like $500K / yr. I think at the engagement level we are at now,
it's maybe a bit lower.
> As comparables - Digital Garage pays me $300K / yr in fees and $750K / yr as a gift to the Media Lab. I
probably spend about 10 day a year (approx).
> New York Times pays me about $300K / yr for my board seat (cash and stock) and we meet 5 times a year.
> My speaking gigs are average $100K / day.
> I think that I'll probably be doing about the same amount of work is NYT or Digital Garage 5-10 days a
year? It feels like $300K in fees plus some contribution to my travel budget would make sense. If my effort
level increase, I'd like to adjust my fees.
> Let me know what you/Sultan think.
> - Joi
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