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Tech Billionaire Boot Camp
theodp writes "Forget the Summer of Code. If you've got a hot idea for a start-up, Newsweek says Y-Combinator, the boot camp where Silicon Valley meets 'American Idol', is the place you should be. 'Some critics scoff that Y Combinator's investment is peanuts for that amount of equity. But the opportunity is unparalleled -- total immersion into Silicon Valley start-up culture, advice from Graham and a fast track to the top angel investors and venture-capital funds. When Graham calls the winners, the founders have only five minutes to accept. "If people turn us down," he says, "as far as we're concerned they've failed an IQ test."'" We've previously discussed the program on the site, just over a year ago.
20k bucks? That's it?
Seriously, if you don't have 20k bucks yourself or could finance it somehow, drop the idea or try to pass a hat around. Handing out equity for 20k just shows that you definitly failed the IQ test and that you have no idea about business.
We used to have a Bill of Rights. Now, with the rights gone, all we have left is the bill.