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A comment on Portland Ten launching new incubator program, charges entrepreneurs $1500.

Re:Portland Ten launching new incubator program, charges ent... by jfornear on Wednesday February 11, 2009 @06:21PM (#477734)
A comment from one of the advisors:

(We have a $100 challenge– if any of the founders in Portland Ten are able to quit their day job during the program, because they’ve generated sufficient revenue/funding, we will give them $100).

http://portlandten.wordpress.com/2009/02/09/now-interviewing...

$100!? That is insulting... It doesn't look like they have very good advice to give when they have something like that.

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Re:Portland Ten launching new incubator program, charges ent... by roberte3 on Wednesday February 11, 2009 @06:35PM (#477750)
Its a symbolic reward.

There are actually a bunch of triggers for getting the $100. Like getting outside investment, deciding that the business won't work and quiting, and a pile of others.

Its like getting a coffee cup at work with the company logo on it for being there a year. Its not the reason you do the job.

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Re:Portland Ten launching new incubator program, charges ent... by gabrielroth on Wednesday February 11, 2009 @07:09PM (#477786)
It still seems weird to give a small amount of cash as a reward for attracting a much larger amount of cash.
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Re:Portland Ten launching new incubator program, charges ent... by jmtulloss on Thursday February 12, 2009 @12:32AM (#478075)
Yeah, I'd take the coffee mug.
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