“So, this must be a terrible time to fund a start-up company. Correct? Au contraire. This may be the best time in the last 8 years to start a company. While capital is scarce, the tectonic plates continue to shift creating major rifts. The walls are coming down and the barriers to entering new markets are falling along-side.”
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Santo Politi on why Spark created their Start@Spark seed program. Since I believe that there is no such thing as too much seed capital I am happy to see another source on the East Coast (especially given that YCombinator is now West Coast only).