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An interesting idea -- although this bit: "So every company in the class is co-owned by every other company." had me instantly picturing someone sputtering, "bu

An interesting idea -- although this bit: "So every company in the class is co-owned by every other company." had me instantly picturing someone sputtering, "but, but, but, SOCIALISM!" Seriously, though, with that setup, isn't there an incentive to only work as had as necessary to get into a class, and then hope one of the other entrants strikes it rich, so I can take my little cut? Is that going too negative? We've all had projects that we were immensely interested in for a while, but then put had to put on the back burner, and ultimately dropped. How do you ensure you're not selecting 100 back burner-able projects? For an angel, is the draw of casting a wide net bigger than the risk of no one really being that committed to the work? One other thought, while forming a company/s-corp/llc might not be that hard these days, since you're essentially making a call for 100 "side project startups", you might want to add tools to automate the forming-a-legal-company side of things.

grandalf 15y ago
Insightful comments: Yes there will definitely be some duds, but why should the entrepreneur be expected to identify a product niche AND risk everything for it AND be able to fully validate the business concept enough to make big life decisions about it? Dandelion is to remove the stasis that having a good day job creates. We provide vetting, validation, help with proof of concept, find out if the rubber meets the road, etc. When you're ready to pitch to an angel your pitch will be 100x better, and you'll know what you're getting into, and if you met some people whose ideas didn't pan out, you now have a pool of potential co-founders or early hires who you know are looking for an early stage idea to get behind. In today's market, having a talented team ready to start is the #1 thing any investor should look for before investing serious money. Dandelion helps exceptional people seriously consider doing a startup, and helps build the early teams that make the company a good angel investment. And yes, you'll get a cheap/fast way to formalize the company when the time is right.

grandalf 15y ago

Insightful comments: Yes there will definitely be some duds, but why should the entrepreneur be expected to identify a product niche AND risk everything for it AND be able to fully validate the business concept enough to make big life decisions about it? Dandelion is to remove the stasis that having a good day job creates. We provide vetting, validation, help with proof of concept, find out if the rubber meets the road, etc. When you're ready to pitch to an angel your pitch will be 100x better, and you'll know what you're getting into, and if you met some people whose ideas didn't pan out, you now have a pool of potential co-founders or early hires who you know are looking for an early stage idea to get behind. In today's market, having a talented team ready to start is the #1 thing any investor should look for before investing serious money. Dandelion helps exceptional people seriously consider doing a startup, and helps build the early teams that make the company a good angel investment. And yes, you'll get a cheap/fast way to formalize the company when the time is right.