This will not replace Angel/VC funding but will instead lead to a separating equilibrium of people with actual ideas going to friends and family or angel investors for seed funding and people who are not sure what they want to do, but have the background to be relatively successful (remember the no-repayment clause only comes into play when the graduate is making less than $30k--very tough to do for most Michigan grads for example) going to Upstart. Also, I don't think many wealthy funders would really be looking for an ROI with this. Many funders will be active here for tax reasons.
As a whole, Ann Arbor is becoming a more entrepreneurial community. For example check out http://www.seelio.com/. This was started by three Michigan grads, was launched at U of M, and has already been used by some pretty competitive employers such as Teach for America. I may be biased because of the block M's that are in the pitch video, but I think it will be successful.
Remember how we also ran a 3-3-5 defense last year? any power team can run that defense off the field. our defense is not nearly as vulnerable as last year's not to mention that we run a totally different defense so that's not a fair comparison
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This will not replace Angel/VC funding but will instead lead to a separating equilibrium of people with actual ideas going to friends and family or angel investors for seed funding and people who are not sure what they want to do, but have the background to be relatively successful (remember the no-repayment clause only comes into play when the graduate is making less than $30k--very tough to do for most Michigan grads for example) going to Upstart. Also, I don't think many wealthy funders would really be looking for an ROI with this. Many funders will be active here for tax reasons.
As a whole, Ann Arbor is becoming a more entrepreneurial community. For example check out http://www.seelio.com/. This was started by three Michigan grads, was launched at U of M, and has already been used by some pretty competitive employers such as Teach for America. I may be biased because of the block M's that are in the pitch video, but I think it will be successful.
ALWAYSSSSS
haha that was so unnatural for hoke...he definitely wanted to throw in a WELLLLL at the beginning of the video
Remember how we also ran a 3-3-5 defense last year? any power team can run that defense off the field. our defense is not nearly as vulnerable as last year's not to mention that we run a totally different defense so that's not a fair comparison