This is awesome. There is, no doubt, going to be a lot of haters complaining about how hmexx is taking advantage of techies/the terms are unfair/don't do it/etc.
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!
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!