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Generally speaking, this isn't an entirely crazy idea. I'd argue that YC is primarily a networking service too. And it takes a much larger cut from successful
by avigesaa 18y ago
Generally speaking, this isn't an entirely crazy idea. I'd argue that YC is primarily a networking service too. And it takes a much larger cut from successful startups.
- skmurphy 18y agoYC doesn't get paid if the startup doesn't do well. The Portland 10 model talks about creating million dollar businesses but all of their compensation is up front. It appears to me that calling this a YC like program is not accurate. It looks like the $1500 is per person, not per team since they are talk about one on one interviews to get accepted. Portland10 looks more like the UC Santa Cruz Extension two day Startup Foundry (See http://www.ucsc-extension.edu/startup http://www.ucsc-extension.edu/startup ) that costs $855-950