3 ms·
It's certainly an interesting model. Maybe even brilliant. The institute doesn't actually have to invest any money at all to get to watch and know these startu
by hpvic03 17y ago
It's certainly an interesting model. Maybe even brilliant.
The institute doesn't actually have to invest any money at all to get to watch and know these startups and founders. And if any of them start taking off, they will be in the perfect position to invest.
Will less risk across more companies yield greater returns than the YC model?
- jedwhite 17y agoI think it is a radically different model. Part of its founder friendly focus is precisely that it doesn't make people give up other work and move somewhere full-time. The use of warrants rather than (fairly or unfairly) articulating valuation by providing tiny seed funding as part of a stock deal avoids the question of pre-seed valuation, and it encourages the best eventual valuation possible. It has some very interesting ideas.