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A comment on Have 4 minutes to help startup visa?. Parent comment

Re:Have 4 minutes to help startup visa? by mattmanser on Friday November 04, 2011 @10:45AM (#3196216)
That's a broad brush you're painting with there. I've not really looked and have no idea who you're talking about, all the ones that have been on HN are nothing like you're describing.

The only one I remember is http://springboard.com, but there was also a northern based one I can't remember the name of now that had similar terms.

Out of interest which ones are you talking about that have these onerous terms?

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Re:Have 4 minutes to help startup visa? by brackin on Friday November 04, 2011 @12:53PM (#3196770)
Yes you're right but the reason I am is because there are so few even if there's only a couple using these methods they make up a large percentage of incubators in the UK.

I'm referring to http://oxygenaccelerator.com/

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Re:Have 4 minutes to help startup visa? by mattmanser on Friday November 04, 2011 @09:58PM (#3198584)
There's no personal guarantee on that loan. If the company fails, you don't pay it back. They are not especially onerous terms and it's the same amount of cash that YC gives for the same equity.
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