20 months from now I will be financially set from the sale of my not-launched-yet mobile startup and I will create the reverse yc program. Instead of funding techies, I will fund marketing and sales geniuses with unique ideas. We will provide them with the technical help they need to turn their vision into a product then they can make millions out of it. Meanwhile if someone has a few thousands in the bank you would run a trial program and get some proposal from non technical founders. For now I am still broke and in debt.
Reverse YC funding program. PG, what's your thought?
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Re: Reverse YC funding program. PG, what's your thought?
#2I like your confidence, but I don't quite get it yet. Are you talking about the same type of ideas that would be submitted to YC now, but just by people who don't have the skills (at least currently) to implement them?
Re: Reverse YC funding program. PG, what's your thought?
#3I like your confidence, but I don't quite get it yet. Are you talking about the same type of ideas that would be submitted to YC now, but just by people who don't have the skills (at least currently) to implement them?
That is what I think he is trying to say. This is a situation where someone has the idea and needs to find the resources (programmer) to make it a reality.
Re: Reverse YC funding program. PG, what's your thought?
#4> I will fund marketing and sales geniuses
> We will provide them with the technical help
This is quite common already. Remember all those companies everyone made fun of in the 1990s, like Pets.com? That is how they came about.
Re: Reverse YC funding program. PG, what's your thought?
#5I like your confidence, but I don't quite get it yet. Are you talking about the same type of ideas that would be submitted to YC now, but just by people who don't have the skills (at least currently) to implement them?
Yes. I am speaking from personal experience. It took me forever to find a technical cofounder. If I had technical support in the beginning from experts maybe I could have sold and market it.there are lots of people who know what they want and how to build a company, but they just can't make it.
Re: Reverse YC funding program. PG, what's your thought?
#6> I will fund marketing and sales geniuses > We will provide them with the technical help This is quite common already. Remember all those companies everyone made fun of in the 1990s, like Pets.com? That is how they came about.
Correct me if I am wrong. But I believe in those situations they would fund your idea and let you hire techies. Now how can you hire a dev when you do not know what ajax is? So the program would will provide the best teams and ideas with technical support. People who know the differnce between php and ruby and scaling and browser based etc....
Re: Reverse YC funding program. PG, what's your thought?
#7How would you provide the technical help?
Re: Reverse YC funding program. PG, what's your thought?
#8How would you provide the technical help?
Hire developers for 2 months and work on the apps. Invest 15,000 for development like PG maybe. I mean guy launched truemors for 12K
Re: Reverse YC funding program. PG, what's your thought?
#9> I will fund marketing and sales geniuses > We will provide them with the technical help This is quite common already. Remember all those companies everyone made fun of in the 1990s, like Pets.com? That is how they came about.
Correct me if I am wrong. But I believe in those situations they would fund your idea and let you hire techies. Now how can you hire a dev when you do not know what ajax is? So the program would will provide the best teams and ideas with technical support. People who know the differnce between php and ruby and scaling and browser based etc....
Typically people with a software idea aren't completely ignorant of technology and they usually know at least one person who knows the difference between php and ruby. Are you proposing that you will create programming teams for completely clueless "business people?" Hasn't the continent of India already positioned itself pretty well in that space?
Re: Reverse YC funding program. PG, what's your thought?
#10This would be something I would be incredibly interested in.