Liz Gannes

Recent Posts by Liz Gannes

Edtech Startups at Imagine K12 Now Get $100,000 Each

Imagine K12, the Palo Alto, Calif.-based startup accelerator that focuses on education technology, is adopting a precedent from Y Combinator (with which it shares some partners, advisers and backers) to give participating startups $80,000 in convertible debt (in addition to about $20,000 in investment) so they can better build and test their ideas. The program offers rolling admissions.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work