Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
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Re: Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
#2similar to an example from "Das Kapital" :) - an incubator takes position in another incubator thus indirectly taking positions in the companies funded by that child incubator.
Re: Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
#3similar to an example from "Das Kapital" :) - an incubator takes position in another incubator thus indirectly taking positions in the companies funded by that child incubator.
Somehow reminds me of Buffet's corp structure before the SEC forced him to simplify things.
Re: Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
#4Awesome. I love it when these bootcamps put their money where their mouth is. It shows that they believe in themselves enough to risk money on it.
Re: Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
#5Hey Hacker News! I'm Mark Davis...the product hacker at Fullstack Academy, and the guy behind Fullstack Fund.
We're really psyched to start investing in our graduates, so they can create their own startups and make a dent in the universe.
AMA!
"Smart people should build things"
Re: Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
#6I brought up this idea to my employers at a coding bootcamp in 2014. It was met with mostly blank stares. Glad to see someone else doing it.
Re: Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
#7This is not as good as it sounds. First these are inexperienced devs that will not have a chance to work with other developers and learn things.
Secondly, this is then financed with their own money :)?!
I think they do this so they place all this graduates somewhere and give them some work, instead of finding them promised well paid jobs.
If I sound negative, I am losing faith in ability of these schools to produce quality.
Re: Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
#8aaaaand nobody cares
Re: Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
#9Hey Hacker News! I'm Mark Davis...the product hacker at Fullstack Academy, and the guy behind Fullstack Fund. We're really psyched to start investing in our graduates, so they can create their own startups and make a dent in the universe. AMA! "Smart people should build things"
Intrigued to see where this goes. It would be great if you could post status of the companies funded every 6 months or so.
Re: Coding bootcamp Fullstack Academy (YC S12) will fund alumni-founded startups
#10Hey Hacker News! I'm Mark Davis...the product hacker at Fullstack Academy, and the guy behind Fullstack Fund. We're really psyched to start investing in our graduates, so they can create their own startups and make a dent in the universe. AMA! "Smart people should build things"
Intrigued to see where this goes. It would be great if you could post status of the companies funded every 6 months or so.
That's a cool idea.
We're big on transparency...e.g. soon we'll be publishing aggregate data about the outcomes for our students. We could apply the same approach to the startups that we fund.
Thanks for a great suggestion...we'll do that!