These adolescents are also likely ahead of the curve on what new stuff (tech and social) means and how to apply it in practice. At least, that’s what I gather from my son.
One idea that I have been toying around with is scaling angel investment to this group. The approach pioneered by Y Combinator to reach earlier startups was to let go of some of the requirements of formal funding (inventing the SAFE) and to batch them together. What other constraints can we drop to reach teens? Clearly we can’t require a percentage of their later startup when they might not even have a fully formed commercializable idea. Maybe they just want to throw a new type of party. What weaker request can we make? Request to be invited or kept uptodate on their project.
The funding amount could also be much smaller, the Y Combinator funding was a few percent of VC funding and I think a group of teens could get started a lot with 1000$.
I less clear whether or how to scale the batching. Should you run big school fairs? This seems too close to existing school invention competitions.
These adolescents are also likely ahead of the curve on what new stuff (tech and social) means and how to apply it in practice. At least, that’s what I gather from my son.
One idea that I have been toying around with is scaling angel investment to this group. The approach pioneered by Y Combinator to reach earlier startups was to let go of some of the requirements of formal funding (inventing the SAFE) and to batch them together. What other constraints can we drop to reach teens? Clearly we can’t require a percentage of their later startup when they might not even have a fully formed commercializable idea. Maybe they just want to throw a new type of party. What weaker request can we make? Request to be invited or kept uptodate on their project. The funding amount could also be much smaller, the Y Combinator funding was a few percent of VC funding and I think a group of teens could get started a lot with 1000$. I less clear whether or how to scale the batching. Should you run big school fairs? This seems too close to existing school invention competitions.