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Too bad they don't fund American startups...
by jakewolf 19y ago
Too bad they don't fund American startups...
- randallsquared 19y agoEven YC gives a lot of money compared to Kiva loans. :)
- inovica 19y agovery true :) Not sure what some of the Kiva entrepreneurs would do with the equivalent of $1 million
- pius 19y agoNot when you normalize for the startups' host country GDP.
- randallsquared 19y agoSince the comment to which I replied specified "American", YC's funding is already normalized for the startups' host country GDP.
- inovica 19y agoWhy not set up a kiva-like site for American startups? Oh, hang on - Kiva has virtually no defaulters on its loans, so maybe scrap that idea.
- david927 19y agoI thought of the same thing. I, for one, would be willing to take investment as a loan.
- inovica 19y agoExactly. And in doing so that would tell me you will be more committed to your business. Interesting - someone should do it. Now, is anyone on here not busy?
- rms 19y agoThe closest you have is www.prosper.com, which has much higher interest rates, default rates, and a maximum loan that is too low for most startups.
- imsteve 19y agoThe analog here would be credit cards or student loans. Perhaps surprisingly, even in some more developed countries credit can be terribly hard to get.