All those videos talk about how great everyone is and wow, it's so awesome and look around, this is totally terrific,
EXCEPT! They never say WHY! they never talk about anything quantifiable. Sure, it's fun, and exciting and great, but are they going to help you get your product to market? How much of your equity are they going to take for it? Was it worth it?
No one has talked about any of that. These guys seem like marketing scamsters and I'm highly highly skeptical.
I would suggest any young entrepreneur come here to HN first and get help before going to those guys.
Back during the dot-com boom, I saw lots and lots of incubators like this, idealabs, et all and they were largely a big waste of time. They were fun though!
If you're looking to have "fun" these kinds of shops may be the place to go, but if you are looking to be productive and build something valuable that is going to make a lasting impression on the world, I suspect these guys are a massive waste of time.
It seems from the videos and the marketing mumbo-jumbo that they are preying on the young, passionate, and inexperienced minds that would be better served somewhere else.
All the portfolio companies are Web 2.0 me toos, mostly boring, and short lasting "features" -- not real products that improve the world around us in any substantial way.
I can sense a bit of "anger" in my tone here. I feel a big sense of "these guys are not good" when I browse around their site...
But that's just my intuition and intuition can be wrong, so whatever.
http://dreamitventures.com/node/6
anthillz is trying to get out of technology what human relationships are for. Go meet people in the real world.
Beanstockd? It was a blog and they are trying to build a company?
Drop card? Why would I waste my time putting my personal info into a shady startup just so i can text my contact info to someone when i could jsut hand them a business card?
ugh... these guys are so transparent.
Look at the videos! They just got some kids up there to do a presentation on a screen in front of a no one so they could add these vimeos to their site to make it look legit.
Watch the interview best one, there's only one old guy there and the startup is okay, but is it "worth" anything? probably not. Any motivated person isn't going to need them and i can't see anyone paying for it...
There's nothing new or novel about any of their startups...
They're marketing hope. They are behind the times, you want to work with someone /ahead/ of the times.
There are not quite as glamorous as the start-ups you may have heard of but they have been around: http://sleep.fm/blog.html
Does that make DreamIt ventures automatically a great option? No. I think everyone who looked at the website noticed the spelling/grammatical errors, nebulous role descriptions, and laughable testimonials. Their 15,000 bucks may not be the same as 15,000 from YC but they seem to be a legitimate option. At the very least they are a "safety" incubator to YC one would think.
They need to hire a copy editor "We each founded, built and successfully sold one or more business."
Seriously, the videos on this page are all quotes from very very young kids. http://dreamitventures.com/node/16
All those videos talk about how great everyone is and wow, it's so awesome and look around, this is totally terrific,
EXCEPT! They never say WHY! they never talk about anything quantifiable. Sure, it's fun, and exciting and great, but are they going to help you get your product to market? How much of your equity are they going to take for it? Was it worth it?
No one has talked about any of that. These guys seem like marketing scamsters and I'm highly highly skeptical.
I would suggest any young entrepreneur come here to HN first and get help before going to those guys.
Back during the dot-com boom, I saw lots and lots of incubators like this, idealabs, et all and they were largely a big waste of time. They were fun though!
If you're looking to have "fun" these kinds of shops may be the place to go, but if you are looking to be productive and build something valuable that is going to make a lasting impression on the world, I suspect these guys are a massive waste of time.
It seems from the videos and the marketing mumbo-jumbo that they are preying on the young, passionate, and inexperienced minds that would be better served somewhere else.
All the portfolio companies are Web 2.0 me toos, mostly boring, and short lasting "features" -- not real products that improve the world around us in any substantial way.
I can sense a bit of "anger" in my tone here. I feel a big sense of "these guys are not good" when I browse around their site...
But that's just my intuition and intuition can be wrong, so whatever.
http://dreamitventures.com/node/6 anthillz is trying to get out of technology what human relationships are for. Go meet people in the real world.
Beanstockd? It was a blog and they are trying to build a company?
Drop card? Why would I waste my time putting my personal info into a shady startup just so i can text my contact info to someone when i could jsut hand them a business card?
ugh... these guys are so transparent.
Look at the videos! They just got some kids up there to do a presentation on a screen in front of a no one so they could add these vimeos to their site to make it look legit.
Watch the interview best one, there's only one old guy there and the startup is okay, but is it "worth" anything? probably not. Any motivated person isn't going to need them and i can't see anyone paying for it...
There's nothing new or novel about any of their startups...
They're marketing hope. They are behind the times, you want to work with someone /ahead/ of the times.
Look elsewhere first!!