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This is an interesting approach. Not sure why the title says "like YC" other than as link bait. The only similarities are that they are both helping to start
by tom 17y ago
This is an interesting approach. Not sure why the title says "like YC" other than as link bait. The only similarities are that they are both helping to start startups.
In any case, this is an interesting approach. They are essentially hired guns who take 20-40% of your company in exchange for "200-250K" of services to help you build it and enough money for living not to be a distraction. Can't be that expensive in Bloomington, IN. Maybe this is the answer to the age old "I'm an MBA and have this great idea, but I my coding skills start at logging into my laptop and end at adding cells in Excel" problem.
While not appealing to me, this could churn out some pretty interesting companies as they are very focused on revenue ... something that many others just aren't. I'm eager to see what they can do.