This top VC bet close to 20% of his fund on teenagers heres why | TechCrunch

Image for article This top VC bet close to 20% of his fund on teenagers  heres why | TechCrunch
News Source : TechCrunch

News Summary

  • Kevin Hartz runs Z Fellows, a one-week accelerator that hands technical founders $10,000 grants.
  • The dropout-and-build movement, made most famous by founders like Steve Jobs, Bill Gates, and Mark Zuckerberg, is becoming a standard lifestyle choice for a certain kind of ambitious kid.
  • Y Combinator recently rolled out a program that’s designed for students who want to start companies but don’t want to drop out.
  • The program allows them to apply while still in school, get accepted and funded immediately, and defer their participation in YC until after they graduate.
Kevin Hartz tends to be first through the door. In 2001, he cofounded Xoom, back when sending money across borders meant standing in line at Western Union. In 2013, it went public, and in 2015, PayP [+7223 chars]

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