Re:Stanford University Is Going To Invest In Student Startup...
by dapole on Thursday September 05, 2013 @07:00AM
(#6333349)
Are they? I feel like this goes against most of what startups and VC funding and incubators like YC are about. Judging people based on the strength of their ideas and what they have accomplished so far instead of pedigree.
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Re:Stanford University Is Going To Invest In Student Startup...
by snoonan on Thursday September 05, 2013 @09:19AM
(#6333951)
I definitely see your point! It seems to be designed to address part of it, however. Raising $500k first would seem to suggest the business has merit on its own. I'm sure it's more nuanced than that in practice, though...