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Now do you propose that a municipality create a startup accelerator with the requirement for funding being that you are willing to relocate? I think that could
by michaelochurch 14y ago
Now do you propose that a municipality create a startup accelerator with the requirement for funding being that you are willing to relocate?
I think that could work. I'd focus on long-term projects and an "autonomy fund": $100,000 per year to 100 top-notch engineers. The city gets a non-voting 37.5% stake (implied valuation of $266.67k per year) in whatever you build, and you have to have at least half of your employees working there at least 45 days per year, or maintaining a residence (tax base).