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caseyallen
searching Neon…
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by
caseyallen
4y ago
I think the answer is more boring than most people think. - most of us have never had exposure to it first-hand - most of us don't even know anyone that works in defense, so nothing second-hand either - most of us had zero exposure to
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caseyallen
10y ago
Except you need to factor in a 30% carry, not 25%. This was stated in a 2015 New Yorker interview covering Marc and the firm. 2 and 30. Source: http://www.newyorker.com/magazine/2015/05/18/tomorrows-adv
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MN tech inventor pursues breakthrough in addressing the I/O bottleneck
(tech.mn)
1 points
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caseyallen
14y ago
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caseyallen
15y ago
You ask: "Do the startups applying this year and giving you 6% of their founder shares understand it's just a test drive this year?" We're not going anywhere, nor will our support, nor will our mentors. We may change the focus of our classe
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caseyallen
15y ago
Hey Matt, nice to see you chiming in. Appreciate the thoughts. You say "You are left funding founders not dedicated enough to their startups to move and give their startups the best chance." Interpreted another way: everyone not smart enoug
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caseyallen
15y ago
Your point on network value is an excellent one, one definitely worth challenging us on. I suspect almost no accelerator in the next 5 years will touch YC's network, especially since they're right in the heart of M&A-land. However every
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caseyallen
15y ago
Thanks for the well wishes, SkyMarshal. We just think it's something worth experimenting with. PG (and David Cohen et al.) are engineers. We think their bias towards developers is natural but until we see empirical data showing otherwise we
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caseyallen
15y ago
No. Heck, we might not have any of our companies interested in going that route. But the option's there and we'll have a BA at their disposal. How many business minded entrepreneurs do you know that couldn't manage a contract developer if h
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caseyallen
15y ago
Agreed! We thought the coasts were getting a little too cocky, hence, we knew we had to break out Project Skyway... http://j.mp/acceleratormap
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caseyallen
15y ago
Hey guys, I'm cofounder of Project Skyway. Ownership is a sacred thing -- we don't tinker with that at all. The dev team takes no equity. After all, you're running the company, not us. We just help with the resources and motivation. The dev
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caseyallen
17y ago
Smug? Confident, perhaps, but I don't see smug. I see a guy who makes no coin from something he see as his gift to others just like him.