A new fund just launched to fuel the startup ecosystem. The vision is straightforward—back promising projects early and stick with them as they grow.
Here's what's happening first: a hackathon putting real money behind ideas. Twelve lucky projects will get $250k each at a $10m valuation. Beyond the cash, they'll get direct mentorship from experienced founders in the space, technical guidance, and the network they actually need to execute.
This kind of capital allocation matters because early-stage teams don't just need funding—they need experienced people in the room who've done it before. The mentorship piece changes the game for builders still figuring out product-market fit.
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BlockchainDecoder
· 01-20 03:00
According to research, the mentor effect in early capital allocation is often underestimated. Data shows that startup teams receiving structured mentorship have a survival rate approximately 37% higher — this is not just a matter of funding numbers, but a correction mechanism for information asymmetry. Notably, the $250k investment at a $10m valuation ratio is set quite conservatively, which from a technical perspective reflects the fund's rational consideration of dilution.
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BearMarketSunriser
· 01-20 03:00
250k sounds like a lot, but whether it can survive this market cycle depends on whether the team has what it takes.
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LightningPacketLoss
· 01-20 02:57
250k to secure a 10m valuation? This valuation is really impressive. Compared to those projects that casually raise 20 million, it's much more considerate.
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SchrodingerWallet
· 01-20 02:57
ngl, this mode isn't bad. Mentor resources might be more valuable than that 250k.
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LiquidationWatcher
· 01-20 02:49
ngl $10m valuation for $250k is... sketch. seen this movie before and it doesn't end well for most. mentorship sounds great on paper but real talk, most founders ghost their mentors by month 3 lol. been there, lost that. just watch your health factor if you're leveraging into this 🚨
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Ser_This_Is_A_Casino
· 01-20 02:44
Really? 12 projects for 250k... feels a bit too good to be true.
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SelfCustodyBro
· 01-20 02:40
ngl 250k at 10m is okay, but what's really useful are those mentors. Making money is easy, but finding good mentors is hard.
A new fund just launched to fuel the startup ecosystem. The vision is straightforward—back promising projects early and stick with them as they grow.
Here's what's happening first: a hackathon putting real money behind ideas. Twelve lucky projects will get $250k each at a $10m valuation. Beyond the cash, they'll get direct mentorship from experienced founders in the space, technical guidance, and the network they actually need to execute.
This kind of capital allocation matters because early-stage teams don't just need funding—they need experienced people in the room who've done it before. The mentorship piece changes the game for builders still figuring out product-market fit.