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>”Startups also often fail, individual grants will not be different from that, and not everyone needs to be a brilliant genius to achieve something.”

I agree, but I’m trying to point out that this plan has an adverse selection problem coupled with some other issues.



Maybe you're right, it's difficult to judge from that web page. It depends a lot on how they intend to carry out the funding process and the web page doesn't say much about it. I assumed it's something like Patreon, which works well for some people, I've heard.




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