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Why is a grant of $100K even a story? Pet vacation startups seem to be able to attract $20M, so this seems sort of nothing.
by coldcode 10y ago
Why is a grant of $100K even a story? Pet vacation startups seem to be able to attract $20M, so this seems sort of nothing.
- wheelerwj 10y agoother people disagree. If you don't want to hear about it, hide it.
- gnodar 10y agoIt's a valid question. There have been lots of grants given out for Blockchain applications. I'm curious why this particular one is receiving attention from Hacker News. For example earlier this year DHS awarded 6 separate companies for Blockchain solutions[0], each of which were awarded $100,000. Some of them will probably move on to phase 2 and receive $800,000. [0]:https://www.dhs.gov/science-and-technology/news/2016/06/07/dhs-st-announces-3m-sbir-awards https://www.dhs.gov/science-and-technology/news/2016/06/07/d...
- wheelerwj 10y agoits Saturday, there isn't much else going on, it was 100k from a state agency, in Utah no less, i mean.. why not? some people are into it.
- elcritch 10y agoThe Utah part is definitely interesting. Plus, it's interesting to hear about non-"big VC" funding. A grant of this size for a small business could help stabilize payroll for several devs, e.g. it can have a decent multiplier effect.
- hncommenter_ 10y agowhy? let's complain!
- wheelerwj 10y agoGAH HOW DARE THEY!!! that's valuable pixel space! am i doing this right?
- deleted 10y ago[deleted]