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Venture Fund Uses Lottery Model
- justin 17y agoNice, access to Microsoft Bizspark, the ultimate selling point.
- bh23ha 17y agothe firm, launched last month, has a pay-to-play plan that works like this: As many as 100 startups each pay $5,000 to compete for a maximum $250,000 initial round of funding. The runner-up gets $50,000. The rest get feedback. This is a scam.
- teuobk 17y agoHere, I'll accomplish the same thing for you: You give me $1, and I'll give you $0.60 back, plus some advice. Here's the advice: You're a sucker. You'd be better off playing Powerball, at least when the jackpot is over $200M or so.