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> $10M could keep a startup running for 1+ years at its most crucial time. That's 10 solutions instead of 1 -- statistically one of them will be a massive break
by koolba 1y ago
> $10M could keep a startup running for 1+ years at its most crucial time. That's 10 solutions instead of 1 -- statistically one of them will be a massive breakthrough?
The failure rate for startups is much higher than 90%. And there’s the additional complexity of how do you pick which 20 such startups get the cash.
- bix6 1y agoSee my response to the other posters with the same notes On the picking: it’s really not hard to search for AI companies and pick 20. In fact there are government programs that invest in startups so clearly it’s doable.