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Given that I applied to cap factory and got denied, I suspect the latter. :-) From what I saw, they appear to be looking for more polished startups, and their
by arohner 17y ago
Given that I applied to cap factory and got denied, I suspect the latter. :-)
From what I saw, they appear to be looking for more polished startups, and their application process does not have the same focus on finding talented hackers that YC's appears to have.
- f00 17y agoYou're probably right. I was feeling negative, because I had hoped that Capital Factory would provide seed funding for innovative development and help kindle some entrepreneurship among top-notch hacker types in Austin. I'm not really sure what motivated them to pick a hodgepodge of me-too web properties (a few niche craigslist-ish things and a pet medical site). Outside of Capital Factory, it seems like Austin Ventures and friends will continue to fund more of the same recycled enterprise network/virtualization/identity management software companies, being started by the same management teams over and over. I really hope the next batch of CF startups is more interesting/innovative. Good luck with your venture, it looks promising, even if CF didn't care to fund it.