Asking the PUBLIC to judge "Web 2.0" startups? i.e. no expertise or visionary is required? Anyone can understand the technologies involved? Everyone is aware of a multitude of tech trends in-depth?
The real truth behind this scam is: Ignorant people watching TV will pay with their online and cellphone votes at about $1 per person, one or two companies get funded for a 'staggering' sum of $15k, and the millions from ads are pocketed by these opportunists playing on the hopes and dreams of young entrepreneurs who are either eager for 15 minutes of fame or just plain desperate.
Some people have no conscience.
Paul
· 2 years ago
RexSolomon seems to completely miss the point.
1. first round voting is by a panel of really reputable judges. Only the best ideas will ever get to the public.
2. I don't see where youbethevc is charging anyone to vote.
3. youbethevc is offering $15k for living expenses during the first summer of development in Boston, PLUS an office, a programming team, a legal team, an admin team, and a marketing team. That's worth a lot more than the stipend. Mark Modzelewski managed to get his launch covered by CNBC, TechCrunch, and lots of top blogs. What's it worth to have him pitch your idea?
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i.e. no expertise or visionary is required? Anyone can understand the technologies involved? Everyone is aware of a multitude of tech trends in-depth?
The real truth behind this scam is: Ignorant people watching TV will pay with their online and cellphone votes at about $1 per person, one or two companies get funded for a 'staggering' sum of $15k, and the millions from ads are pocketed by these opportunists playing on the hopes and dreams of young entrepreneurs who are either eager for 15 minutes of fame or just plain desperate.
Some people have no conscience.
1. first round voting is by a panel of really reputable judges. Only the best ideas will ever get to the public.
2. I don't see where youbethevc is charging anyone to vote.
3. youbethevc is offering $15k for living expenses during the first summer of development in Boston, PLUS an office, a programming team, a legal team, an admin team, and a marketing team. That's worth a lot more than the stipend. Mark Modzelewski managed to get his launch covered by CNBC, TechCrunch, and lots of top blogs. What's it worth to have him pitch your idea?