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He's surprised that you actually have to do something in order to get free money? And that tax payers require transparency about how it's spent? I was part of
by alphydan 11y ago
He's surprised that you actually have to do something in order to get free money? And that tax payers require transparency about how it's spent?
I was part of Startup Chile and got into a VC run accelerator in the US, and bureaucracy in the US was much worse (Lawyers and accountants required for everything, incorporation as C-corp as a pre-condition, immigration acrobatics, etc). He may change his opinion if he has to move to a US accelerator with a $40k - $50k investment (just icing, as dashr rightly points out).
- bramjans 11y agoVery much this. I was also part of Startup Chile (8th gen) and the demands of the program were very reasonable. Gaining the RVA points to foster the community was really a small price to pay for basically "free money". The transparency into spendings was very understandable and additionally largely due to some pretty shameless abuses in previous generations.