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by inapis
2337 days ago
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> These programs offer grants and other benefits to 'the right kind of startups' - usually ones that are fashionable because the subject is currently hyped - ai, climate change, etc. > I imagine there's a lot of 'who you know' going on, too. Isn't this pretty much everywhere? US/India/China? And it's probably not limited to just government programs but even Angels/VCs/press are prone to hype? The current product I'm building[1] doesn't excite a lot of people in my immediate vicinity but people thousands of miles away from me are looking forward to the launch. It's a question of positioning and product-market fit at the right place, right time with the right idea. If the mom-test book and building this saas has taught me anything, you should always be evaluating the intent/point of view of the person you are talking to. In this case, if it's a bureaucrat or a politician, it is all about optics. They have to justify every decision made, so implicitly their aim is to gain brownie points with the population and an average population does not really evaluate ideas based on pure merit but on what feels good which is, almost always, hype. [1] https://getliste.com |
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No. In the United States, the majority of businesses get funding because the founders have a good business plan. It's sometimes easier if you know the right people, but only if you seek capital from those types of people.