Show HN: The Shanti Fund is investing $200 per project in startups(theshantifund.com) |
Show HN: The Shanti Fund is investing $200 per project in startups(theshantifund.com) |
Even more than the money, just having someone tell them that their idea isn't terrible will be a great help.
I'll just leave this here for more visibility.
I've always been passionate about startups and working with founders. Wanting to get involved but not having "Angel VC" type of money has been my issue lately, so, I decided to start The Shanti Fund.
I know $200 isn't much (to you and I). But it IS to some people. They may be down on their luck, or they may just live in a part of the world where $200 goes a long way.
I know some might criticize my efforts here, so I'm 100% open to feedback. Please tell mw how I can improve The Shanti Fund. Thanks.
More than 1.3 billion people live on less than $1.25 per day. Sure most of them will not have computers/Internet access. But $200 USD could mean a lot to some poor community college kid in India, for example.
Or even a struggling, aspiring (or down on their luck) coder in America who doesn't have a cushy software gig.
$200 is probably not that incentivizing to most us/Western European based entrepreneurs. However it may be a big deal in other regions.
Perhaps you might want to consider marketing in geographic locations where you think $200 would make a difference to the entrepreneur.
$200 is eight raspberry pi's or a really nice FPGA development board.
Love this idea!
Also wouldn't be surprised if someone just needed it to buy ramen noodles or hosting for a few months.