The title is a paraphrasing of a snippet from Katherine's recent tempcheck:

The good news is, the web2 nonprofit foundation model is already the proven architecture for mission-driven open-source infrastructure, and ENS can build something stronger than both pure DAO governance and the closed-loop foundation model by adding the one thing the web2 model lacks, which is structural accountability to the community it serves. This proposal is not a retreat from the DAO experiment. It is an attempt to keep what the experiment proved valuable (tokenholder control of the protocol and a formal community backstop on leadership) and replace what the operating evidence has shown does not work (token weight based operational management).