It's official. I'm putting together a non-profit fund that will fund student living expenses. Students will be expected to pay back into the fund when they're on their feet, and those funds will then be re-loaned to other students for 0 or very low interest. Details soon.
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I am not being a cynic just asking you to be cautious; you never wanted to raise VC but then you did because some YC boys convinced you ; these things have -ve large scale effects if history is any indicator. I want to be helpful and supportive . Just be cautious is all.
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The valley is a bubble for a reason.
End of conversation
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