leodesrumaux

4 ms·

1. 1.▲
   by leodesrumaux 10y ago

   Now I really hope you are not from Yale :) I totally agree with your point. But while it is true that Yale is not currently in our upcoming startups batches it will be very soon. Indeed, every month we plan to expand the list of schools and
2. 2.▲
   by leodesrumaux 10y ago

   Thanks for the feedback kumarski :) It is first important to know that we carefully screen each startup application before allowing startups to enter a batch. We check that founders have a working prototype, a company and that their projec
3. 3.▲
   by leodesrumaux 10y ago

   The list of schools is always one of the most contentious point whenever we have the opportunity to pitch Seedrunners :) In a sense, it is a necessary evil to have such a restrictive list. One, creating scarcity helps us build interest in S
4. 4.▲
   by leodesrumaux 10y ago

   Of course :) We launched our prototype in February. Right now www.seedrunners.com is only a website where aspiring investors can register their interest and startup applicants can apply to our first batch. We are in "soft release"
5. 5.▲
   by leodesrumaux 10y ago

   Thanks for the feedback hotpockets :) We actually do start lower. In practice, Seedrunners works with multiple funding targets per month, the minimum being €100,000 and the maximum €1,000,000. With €100,000, we invest in the top 5 startups
6. 6.▲
   by leodesrumaux 10y ago

   This assumption is correct under the traditional model of equity crowdfunding (where a company makes a public offer to potential investors). Seedrunners works differently. Every month, we aim to raise €1,000,000 to invest €40,000 in each of
7. 7.▲
   by leodesrumaux 10y ago

   Indeed we operate in a highly regulated environment and Seedrunners is more complex than the traditional equity crowdfunding paradigm. Essentially, we take advantage of the regulatory environment in the UK, which allows us to market this in
8. 8.▲
   by leodesrumaux 10y ago

   PS 2: We did apply to YC’s Fellowship summer program the traditional way. Unfortunately, we were not invited for an interview. It seems only fitting to try with “Apply HN” :)
9. 9.▲
   by leodesrumaux 10y ago

   PS 1: We realize that Seedrunners can appear very elitist. Our end goal, however, is to open Seedrunners to all startup applicants and to open community membership via invitations. But first, we have to prove that Seedrunners works in a clo