3 ms·
Looks great but where is the catch? Are all those perks free or do startups need to give away equity or something like that? (I'm not a native speaker so I mayb
by uli 12y ago
Looks great but where is the catch? Are all those perks free or do startups need to give away equity or something like that?
(I'm not a native speaker so I maybe miss something here.)
- surreal 12y agoDoesn't look like there's any equity involved. I suspect this is a way for Facebook to spot "the next big thing" as early as possible..?
- valarauca1 12y agoTimeo Danaos et dona ferentes, which roughly means "Beware of Greeks bearing gifts." One doesn't build a multi-billion company by giving things away.
- uli 12y agoExactly, FBStart is no charity, so why do they do it? You don't even need to integrate your product with FB. I would love to apply but the offer is too good to be true.
- smacktoward 12y agoMaybe a modern version: beware of geeks bearing gifts?
- valarauca1 12y agoThe saying is almost 2000 years old [1], so I think if somebody wanted to modernize it they've had the chance :P [1] First writing appears in a text from AD 49
- dmcy22 12y agoI work for Transifex, one of the FbStart partners. Startups accepted into the program don't have to give away any equity (neither did we, for that matter). For us, companies simply redeem a code on our site to get 6 or 12 months of the service free, depending on the track. I'd guess other partners have a similar setup.