Would you take on a pure CS idea that has the potential for profitable technologies to be built around it? Also is there a requirement that you have to have a PHD or would you also consider BS holders?
No hard degree requirements.
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Would you take on a pure CS idea that has the potential for profitable technologies to be built around it? Also is there a requirement that you have to have a PHD or would you also consider BS holders?
No hard degree requirements.
Earlier quoted context omitted.
We think we can be most helpful for people working on life science companies, so mostly focused on that.
Two quick questions: 1) does your comment above mean that it makes little to no sense to apply if a startup is in different (albeit, somewhat adjacent) domain: mine targets materials science and engineering; 2) how do feel about solo founders?
Solo founders are fine with us.
Calling this a "Fellowship" is misleading. The funding is an investment. See their FAQ: Q: How much equity does Sci-Founder take in my company? A: There are two funding options we offer: $250,000 for 10% equity $400,000 for 15% equity
I'm not sure "misleading" is a strong enough word in this case. Fellowship has a very specific meaning in academia, and it's not this. Edit: Perhaps it wasn't intentional, but it will have a bait-and-switch feel for scientists in academia.
Words can have multiple meanings; sometimes troublesome ones (i.e. 'tabling' an item on the agenda).
Earlier quoted context omitted.
I'm not sure "misleading" is a strong enough word in this case. Fellowship has a very specific meaning in academia, and it's not this. Edit: Perhaps it wasn't intentional, but it will have a bait-and-switch feel for scientists in academia.
Fellowship also has a specific meaning in Middle Earth, but that doesn't mean that it must match coincide with every other application of the word. Words can have multiple meanings; sometimes troublesome ones (i.e. 'tabling' an item on the agenda).
Calling this a "Fellowship" is misleading. The funding is an investment. See their FAQ: Q: How much equity does Sci-Founder take in my company? A: There are two funding options we offer: $250,000 for 10% equity $400,000 for 15% equity
Would you take on a pure CS idea that has the potential for profitable technologies to be built around it? Also is there a requirement that you have to have a PHD or would you also consider BS holders?
If it was a research oriented idea, maybe, though really we think we can be most helpful to people starting life science companies. If it's more software product oriented, I would encourage you to apply to Y Combinator -- it's a great program. No hard degree requirements.
Earlier quoted context omitted.
I'm not sure "misleading" is a strong enough word in this case. Fellowship has a very specific meaning in academia, and it's not this. Edit: Perhaps it wasn't intentional, but it will have a bait-and-switch feel for scientists in academia.
Fellowship also has a specific meaning in Middle Earth, but that doesn't mean that it must match coincide with every other application of the word. Words can have multiple meanings; sometimes troublesome ones (i.e. 'tabling' an item on the agenda).
Earlier quoted context omitted.
Fellowship also has a specific meaning in Middle Earth, but that doesn't mean that it must match coincide with every other application of the word. Words can have multiple meanings; sometimes troublesome ones (i.e. 'tabling' an item on the agenda).
I don't think this offering intersects with Middle Earth.
Calling this a "Fellowship" is misleading. The funding is an investment. See their FAQ: Q: How much equity does Sci-Founder take in my company? A: There are two funding options we offer: $250,000 for 10% equity $400,000 for 15% equity
I'm not sure "misleading" is a strong enough word in this case. Fellowship has a very specific meaning in academia, and it's not this. Edit: Perhaps it wasn't intentional, but it will have a bait-and-switch feel for scientists in academia.
If you take a fellowship to start a company and then spin that company off from a university, you've gotta be careful to choose the right uni and structure the work appropriately. Some universities will take pretty big stakes when they can.
Calling this a fellowship is a bit confusing, but I'm not sure it's anything more nefarious than perhaps simply misleading/confusing. At least they're up front with the fact that they'll take a 10% stake. Many universities that will try to take a pretty similar stake aren't so up-front.