[cuttinedg]

agree.

first the "founders" should go and read "how to start silicon valley" post by PG. most of india cannot be that. well, lots of places in US and other countries can't be silicon valley. so just a bunch of folks who think they are doing the greatest favor to entrepreneurs in india by offering 50k. if these entrepreneurs are the kind ycombinator finds, then it will probably be one month's paycheck of one of the founders. so a 21 yr old can take up a cushy job on campus that will help him raise money in 2 months and do things on his own.

so the question remains, who are these guys, what have they done, and how can they help beyond the "gift".

my guess is none of them have ever founded a startup or worked in one. it is interesting that social search for any of the mentioned names isn't bringing up anything that indicates that they are VC material.