TheThreePercent

Microsoft’s Don Dodge on 50,000 Startups for $1B

Posted in Uncategorized by jwolpert on February 24, 2009

Don Dodge at Microsoft has a well-balanced article responding to Thomas Friedman’s New York Times article, “Startup the Risk Takers.”  The notion is that one place to put stimulus money is into startups, but not by giving it to venture (they really don’t want the money, he asserts, and is probably right in many cases).  Rather, he suggests that funding incubators like TechStars, YCombinator (and I would add Plug&PlayTechCenter and Team UpStart) which jumpstart the first ten weeks of a new business opportunity, would provide the biggest bang for the smallest buck.

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