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by samstave 2877 days ago
Doubtful that it is randomly given in a lottery sense - they likely are granting this to keep promising teams going...
1 comments

In return for... 0% equity!
Yeah, which is why it is only 10K -- and not the 100K like was stated earlier by someone - if it were the 100K then it would be very similar to a typical YC round of funding.