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Originally Posted by mineistaken
Just checked out some startup incubators - they give like 10.000 or 18.000$ to startups and takes only 6% of shares? How come it is that low, I mean even if you took 49% of shares those startups would be lining in for your money.
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Yeah things have changed considerably over the last few years. There are just so many people trying to start so many things, it's unsustainable really. Where everything used to be very private, now people get up on stage and pitch to hundreds of people at once, even with their competitors in the same audience. New reality I'm trying to learn about.
The idea is just to get in early for cheap, make the investors work on a shoestring budget, get them additional funding if they deserve it later and get out before a bang or bust. They can invest in many more companies this way too, spreading their eggs around.