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Assuming one hit in the entire fellowship program, at which point: 1.5e6/2e4 = 75 fellowships So each 100MM 'hit' funds 75 fellows. Would be hard to imagine t
by arcanus 11y ago
Assuming one hit in the entire fellowship program, at which point:
1.5e6/2e4 = 75 fellowships
So each 100MM 'hit' funds 75 fellows. Would be hard to imagine they expect to do much better than that in terms of hit rate, so naively, the program seems to mostly be revenue neutral.
- andreasklinger 11y agoplus it is very good leadgen for core plus it helps to avoid that people run into very bad decisions at early stage plus it keeps yc interesting for early stage startups even though core expects more and more advanced startups