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A comment on Atlanta Gets Its Own Y Combinator In Shotput Ventures. Parent comment

Re:Atlanta Gets Its Own Y Combinator In Shotput Ventures by quizbiz on Wednesday March 25, 2009 @10:52PM (#532881)
reminds me of microloans. It's a growing trend in Africa. I believe there are websites that connect you to farmers in Africa and you actually make good ROI.
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Re:Atlanta Gets Its Own Y Combinator In Shotput Ventures by ajju on Wednesday March 25, 2009 @11:04PM (#532898)
The difference is that I am talking about funding in amounts larger than what microloan sites like Kiva allow (Kiva's top loan amount is ~2K) but more importantly, provide mentoring like YC does. Therefore, it has to be done by experienced entrepreneurs who guide these new entrepreneurs closely.
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Re:Atlanta Gets Its Own Y Combinator In Shotput Ventures by suliali on Wednesday March 25, 2009 @11:56PM (#532943)
Love this idea. There are already incubators and seed funds doing this in India and China. And I suspect the trend will accelerate.
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