4 ms·
I'm not sure "incubator" is the best word to describe TheFunded Founder Institute. Founders aren't even expected to work full-time. Instead of providing fundi
by ciscoriordan 17y ago
I'm not sure "incubator" is the best word to describe TheFunded Founder Institute. Founders aren't even expected to work full-time.
Instead of providing funding, founders actually have to pay $450, which makes having "TheFunded" in the title pretty ironic.
- AdeoRessi 17y agoThe Institute charges a course fee of $450 to help cover operating, catering, broadcasting, materials, and location costs. This amounts to $27 per session, by the way. In terms of investment, the Institute does not buy equity at a discounted or at below market rates. Instead, it works with professional investors to secure the best possible rates and terms for the Founders, and then the Institute has the option to invest alongside the others if it makes sense for everyone.
- rjurney 17y agoHmmmm... ok, fuck it. Y-Combinator is better.