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We need a mechanism that allows people to go from wage-slavery to creating massive value in the world. YC is one method but it turns down 97% of founders, which
by staunch 12y ago
We need a mechanism that allows people to go from wage-slavery to creating massive value in the world. YC is one method but it turns down 97% of founders, which by Silicon Valley standards is considered inclusive.
Imagine a YC where the money and decisions came from a crowd of thousands. If "Show HN" had a "Fund" button. The potential for 100x more Googles is there.
- TheMakeA 12y agoThis is something I've been thinking about too. Perhaps when the SEC laws finally change...
- dharma1 12y agoSaw these guys in London recently - they're exactly that. Equity based crowdfunding with voting rights powered with bitcoin http://swarmcorp.com/ http://swarmcorp.com/
- dublinben 12y agoSnowdrift.coop is developing a platform for the community to provide patronage and other support for projects.