Betaworks, a New York Tech Incubator, Has Grown a Following
nytimes.com
nytimes.com
Overall, it seems like a decent way to "incubate" startups which are otherwise long, lonely journeys of massive highs and lows.
It's definitely an inspiring setup.
One reason the term is deliberately confusing is pg has never attempted to label this type of angel investment. Hoping every time this type of angel investment YCombinator is mentioned.
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