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hmmm. the link inside this article to the rules is not up yet. Is this a $75k investment or free money? If it's an investment, then this is totally bogus.
by jamesshamenski 17y ago
hmmm. the link inside this article to the rules is not up yet. Is this a $75k investment or free money? If it's an investment, then this is totally bogus.
- replicatorblog 17y agoInvestment. I agree, I don't see why it needs to be a contest, if there are good companies, why not just seed them. It is a better dollar value deal than YC, but if Northbridge doesn't fund you after the seed you will be DOA (or at least perceived as such).
- dpapathanasiou 17y agoLink is up now: http://primaryentrepreneur.com/wp-content/uploads/2010/04/North-Bridge-75k-Seed-Competition1.pdf http://primaryentrepreneur.com/wp-content/uploads/2010/04/No... It's even worse than it first appeared. $25k of the prize is composed of "in-kind development support from one of our software development partners". The remaining $50k, the cash amount, is just a max upper limit amount ("Up to $50k in seed capital"), so who knows what the winners will actually get for the 5-10%.