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They didn't rip off their application, I think that was a different company from Seattle not Boulder... and that wasn't really a bad thing to do either BTW. Se
by mariorz 18y ago
They didn't rip off their application, I think that was a different company from Seattle not Boulder... and that wasn't really a bad thing to do either BTW.
Seed investment for equity is hardly a new business model nor was it invented by YC.
- mattmaroon 18y agoNo, trust me, it was Techstars. http://paulbuchheit.blogspot.com/2007/03/anyone-else-notice-that-techstars-and-y.html http://paulbuchheit.blogspot.com/2007/03/anyone-else-notice-... And doing the seed equity in batches with a 3 month "camp" format and a demo day near the end is pretty original.