[danicgross]

> This just looks like another VC firm

I don't think VC firms fund poets or musicians :)

> communities that reward intellectual curiosity, encouraging the cultivation of ideas and potential businesses that provide value.

I agree! That's exactly what's we're trying to do. I think most people we fund will never start companies. I hope they'll become great researchers, civic activists or artists. For the fraction that do, I hope we'll be significant enough of a needle mover in moving them as a person from idea to product that we'll deserve the small amount of equity we ask for.

[mehblahwhatevs]

> I don't think VC firms fund poets or musicians :)

How would you fund a poet or musician in your funding model?

Do they put an idea for a song or some such on the board and it's voted on? Who decides what poet is good or bad (it's entirely subjective?)

Also what's the payout for investment in a poet? They aren't likely to start a company.

So if I'm going to start a company and I take your investment is it "fair" that a poet receives the same investment but doesn't have to fork over a % back to you like I'll have to?

[Alex3917]

> I don't think VC firms fund poets or musicians :)

Most mainstream musicians are funded by VCs. I think they call them something else in the industry, but the economic model is similar.