3 ms·

> YC tried this years ago, I believe they found it wasn't effective Do you have any details of this?

• whb07 5y ago
  They funded people who could build but had no ideas themselves. The entire batch was a dud. Not people who had basic ideas and wanted funding.
  • marapu 5y ago
    www.joinef.com [entrepreneur first] has been wildly successful with this model since 2012. They pool together founders pre-idea a couple times a year and have them start companies together in batches. If you get investment I believe the deal is 80,000 GBP for 10% - aggressive deal but worth it considering their network.
    • pedalpete 5y ago
      https://antler.co https://antler.co has a similar model