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You Be The VC -- Your Idea + Our Support = Your Company

youbethevc.com

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Re: You Be The VC -- Your Idea + Our Support = Your Company

#2
So what the hell does "You Be The VC" mean, when it appears to be an incubator? They'll provide office space and seed money if I front $1 million, drive an expensive car and attempt to wrestle them off the board?

Am I missing something, is this satire that just went right over my head?

[Edit: I think I get it now, the slogan isn't aimed at the entreprenuers that enter, it's aimed at the visitors that vote. Does anyone else think this is absurd branding, or am I just having a Day of Comprehension -5?]

Re: You Be The VC -- Your Idea + Our Support = Your Company

#6

So what the hell does "You Be The VC" mean, when it appears to be an incubator? They'll provide office space and seed money if I front $1 million, drive an expensive car and attempt to wrestle them off the board? Am I missing something, is this satire that just went right over my head? [Edit: I think I get it now, the slogan isn't aimed at the entreprenuers that enter, it's aimed at the visitors that vote. Does anyon…

No, it's very confusing. The problem is that they use "you" while pitching to two different people.

Re: You Be The VC -- Your Idea + Our Support = Your Company

#8
".. but we also will be taking a stake in the winning companies .. " Do they say how much they will take? I can't find the figure on their site. They should mention this. Also, I don't think the services they provide are so valuable to a spanking new startup (i.e. Administrative support, IT, Accounting support, Tax services). Does IT include hosting costs? Tempting.. but so many questions not answered

Re: You Be The VC -- Your Idea + Our Support = Your Company

#10
This gives me the chills quite a bit. I suppose there's a chance at some fortuitous fame here - but only if this thing is a success at all. I'd hate to blow an opportunity with an idea I had on something weird like this - why not just go a more traditional route? This seems more risky than rewarding - but that's just my at-a-glance impression.
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