Re:Shotput Ventures 2010 summer application
by sanjayparekh on Wednesday March 03, 2010 @09:11PM
(#1165896)
No, not really. I'm so surprised at how little people read postings before jumping to an analysis. It's $6k per founder for a 3 month summer program. That works out to $2k per founder per month.
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Re:Shotput Ventures 2010 summer application
by maxwin on Thursday March 04, 2010 @12:36AM
(#1166251)
But they say they expect you to last 6 months.So it is 1000 per month! I think that's what r238 meant.
Re:Shotput Ventures 2010 summer application
by sanjayparekh on Thursday March 04, 2010 @09:45AM
(#1167020)
True but that's a recommendation, not a requirement. Honestly most of the teams from last year had a bit of runway after the three month summer program. Granted our funding was different last year but founders need to be focused on capital conservation which is, I think, the point of the statement.