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> Unfortunately, a combination of forces in the world make nonprofit long-term research a tough sell right now. It doesn’t matter how good we are at what we do.
by ontouchstart 9y ago
> Unfortunately, a combination of forces in the world make nonprofit long-term research a tough sell right now. It doesn’t matter how good we are at what we do. Everyone is overextended trying to solve all the world’s problems at once, and we’re in the unpopular space of being neither for-profit nor directly and immediately philanthropic.
http://elevr.com/elevr-leaving-ycr/ http://elevr.com/elevr-leaving-ycr/
- chubot 9y agoI read that (and linked it), but I'm more interested in YC's side of the story. How long do they commit to funding for? How do they evaluate when to continue funding? What do they consider "success"? A year and change is incredibly short for basic research. If at the outset you only planned for a year of funding, then you can't expect any results. It's almost wasted money. So I think that something happened to make them discontinue the funding.