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Hey Alex, the $75k is just a start! We're funding projects who are just starting out / getting off the ground. Imagine you have a big vision to build something
by lightninglu10 6y ago
Hey Alex, the $75k is just a start! We're funding projects who are just starting out / getting off the ground.
Imagine you have a big vision to build something that betters the internet and you have only your life savings. Or you've been working on something for a while but haven't been able to put full effort into it.
This $75k is to kickstart teams & projects in "fixing the internet".
- alexbanks 6y agoAre there groups that have A.) A team assembled, B.) A product that's far enough along to have C.) Users, who 75 grand makes a meaningful impact? Is the expectation that those teams maintain other jobs while working with the incubator? ^ Probably a more succinct way to ask my question. I hope it's clear that I'm not trying to negatively paint the program, it's clearly more than most companies are doing to fix the internet. 75k is just the lowest amount of money I've seen with respect to incubators/funding (but again, I am not an expert).
- lightninglu10 6y agoThis is our first time running this Summer Incubator ($75k iteration), BUT we are in the middle of our Spring MVP Program. These teams each got around $8-10k. We have some really good projects from this much smaller program, including https://chrome.google.com/webstore/detail/neutral/oagdejngkgbfnaankoehhanicaodcdpd?hl=en https://chrome.google.com/webstore/detail/neutral/oagdejngkg... (Firefox extension releasing this week), https://ameelio.org/ https://ameelio.org/, and more! So we're not entirely sure whether $75k is the right amount or not, BUT we do know that with $10k, we've had some really impressive projects.
- somishere 6y agoNeutral looks cool. Look forward to trying it out once it's released (tho permissions on the chrome version seem a bit ominous, plus their website is broken!)
- marissajliu 6y agoHey it's Marissa from the Neutral team. Thanks for checking our tool out! Just want to mention that Neutral only accesses data on supported shopping sites like Amazon to perform carbon footprint calculations. Sorry about the broken site! We're currently fixing it up along with the release of our tool on Firefox!