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HackFwd, based in Hamburg, Germany, active in Europe http://hackfwd.com/ http://hackfwd.com/
by danielh 16y ago
HackFwd, based in Hamburg, Germany, active in Europe http://hackfwd.com/ http://hackfwd.com/
- thisisfmu 16y agothey are more like equity rapists rather than a YC-style incubator
- jasonmcalacanis 16y agoHow much do they ask for and what do they provide for said ask?
- thisisfmu 16y ago30 pct equity for matching a year's salary with a cap, paid in four tranches from which HackFwd can opt out without returning shares, plus legal form sheet services. the term sheet is not negotiable and includes restrictions and vesting provisions more typical for VC-scale rounds, which ensures control over the company by HackFwd. in contrast to the hands-off approach YC takes they are essentially a geek babysitting service.