First 5 MVPs greenlighted
hnproposition.blogspot.nl
hnproposition.blogspot.nl
But the reality is he/she is putting money where his/her mouth is, and making it happen. To come up with something completely new like this takes guts, and even moreso to follow through. The fact that ~300 proposals were submitted is evidence that demand exists for such a program.
Also interesting is the fact that 4 out of the 5 participants selected are located outside of the United States. We'll see if geographic distance becomes an issue. I've long thought YC is missing out on a lot of talented developers who may not have the freedom to drop everything and move to Mountain View.
Needless to say, I'm looking forward to the results!
http://ycombinator.com/ideas.html
30. Startups for startups. The increasing number of
startups is itself an opportunity for startups. We're one;
TechCrunch is another. What other new things can you do?On the one hand, it reduces YC's risk even further, by giving them a miniscule stake in a wide range of companies. But I don't think they would be content with helping the meta-accelerator; they'd want to be hands-on with every node on the tree. That's a lot of time investment with little capital investment, which is not really their bag.
The proposition generally seems less like an accelerator, and more like a small-scale VC fund. Less intensive, less structured, just a way to invest money in startups.
The post is completely unreadable on opera mobile, whether I send through desktop or mobile UA, and on default 2.3 browser. Guess I'll give it a read at work tomorrow.
Also, you are "loath", rather than "loathe".
Maybe that nobody got the time to do something "more professional" at the moment. What counts at the moment is that these solo founder got some recognition and a little boost thanks to the money.
That part seems to be doing fine. We'll see what comes next.
I'm not that paranoid, but if this was a completely imaginary enterprise, we wouldn't be able to tell.