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Looking at this list and adding up what Chile is getting for their money, it looks like this is a win-win (even without Chile getting equity). Of course, when
by mdda 16y ago
Looking at this list and adding up what Chile is getting for their money, it looks like this is a win-win (even without Chile getting equity). Of course, when in start-up mode, people want to evangalize too : and Chile just wants part of that positive PR (and to create a tech feed-back loop).
Compare this to the USA Startup program that's spending $200k on a standardized startup application. Y-combinator could create the same by adding 'oh, and contribute to building standardized form' to the end of their conditions for their funding : It would be hacked together within a week by 30+ teams of very smart people... Alternatively, get participation from a collaborating set of VCs : Free PR if you contribute.