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Comment on New Bailout Plan - $700B to go to Startups. YC on steroids.parent

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So it is more of a scale issue then? I will admit, the 700B is arbitrary - an attempt to make it as inclusive as possible and match the magic 700B that is the number de jour. Perhaps you do 1/10th the numbers, do some of the things you talk about, and reach a similar result by funding the really good ideas to a greater degree - or spreading the program over a longer timescale.

The basic idea is to bridge the gap between fundable ideas and funding. There are a ton of people with ideas who are locked behind desks, but who see not a lot more left to lose.

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