On: DreamIT Ventures Opens Up Applications For Summer 09 Funding Cycle

[kf]

Slightly different ilk, I think, but IllinoisVENTURES will offer the worst valuations out of anyone in this game.

[anon1776 → kf]

Their valuations are terrible and the program's entire purpose is to try to get lucky and latch onto the next YouTube coming out of UIUC.

It's like YC except without any of the benefits and with terrible terms. There is no value added.

[sachinag → anon1776]

The whole Illinois/Chicago group is a bunch of way-too-late wannabes who are looking to take advantage of people. Startupnomics is 200 bucks with real people; DePaul's startup conference is 600 with no value.

The environment here are these people. This is why I go on and on about "Chicago is the next Detroit".