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Government isn't contributing any money here. Government is serving as a catalyst, organizer, and a validator. See: http://www.startupamericapartnership.org/fa
by cjoh 16y ago
Government isn't contributing any money here. Government is serving as a catalyst, organizer, and a validator.
See: http://www.startupamericapartnership.org/faqs http://www.startupamericapartnership.org/faqs
In fact, the TechStars network is a membership based network of independently owned incubators. So you can look at Government as having this dialogue with TechStars:
Gov: Hey, Techstars, we want to create more jobs. We think what you've done is interesting. We'd love for you do do something with our new project StartUpAmerica. We got a bunch of people involved. You in?
TechStars: Sure, sounds interesting, what can we do?
Gov: What do you think you should do-- how could you be the most impactful here?
TechStars: Well, we could create a network to help create more techstars like organizations, and have them working together.
Gov: Sounds good. We'll put you on the website.
TechStars: k cool.
- gyardley 16y agoRight, that's what the parent is worried about - not the money part, the catalyst, organizer, and validator part. As he said, When government contributes money [...] great. The TechStars Network sounds fine and all, but I really don't understand why it'd hitch itself to the broader governmental initiative, which on first glance looks both bureaucratic and problematic. For example, I read over on TechCrunch that Cass Sunstein is leading the associated regulatory review. That's like asking Bernie Madoff to supervise financial reform - the only thing I want from people like Sunstein is for them to be distracted elsewhere.