There's an explicit global angle here. In many parts of the world $5k is way more than minimum wage for a year
I understand, but then wouldn't you reach 5x more people if you handed out $1000 instead?
I'm not against the idea, I'm wondering where the $5k is coming from. It just seems arbitrary and not very much without a proper justification.
The target population seems to be people who come from poorer backgrounds. $5k can be a lot of money for someone making only 3x that per year, but it doesn't seem anywhere near enough to get said person to focus on a project and especially not enough to get them to work on it and found a company. If the goal is to get "lost Einsteins" to spend time creating things and building companies, then you must give them the time luxury to do so and $5k just seems on the very low end of possibilities.
What am I missing?