[a16z crypto Policy Head: The Crypto Industry Should Move Beyond the Era of Foundations and Transition to Corporate Structures] Foresight News reports that Miles Jennings, Policy Head at a16z crypto, has published an article stating that the foundation model is no longer suitable for the development of the crypto industry. He suggests transitioning to regular developer companies (Developer Companies) to achieve better alignment of incentives, growth, and impact. He noted that foundations were originally a stopgap measure to address regulatory concerns but have now become a source of friction. Foundations struggle to efficiently deploy capital, attract top talent, respond to market feedback, and engage in commercial activities. Founders do not need to abandon network development, as corporate structures can achieve alignment through mechanisms such as PBCs (Public Benefit Corporations), network revenue sharing, milestone attribution, contract protections, and programmatic incentives. DUNA (Decentralized Unincorporated Nonprofit Associations) and BORGs (Cybernetic Organizations) can provide DAOs with legal entity capabilities and on-chain governance, eliminating the centralization drawbacks of foundations.