The million dollars is just attached to our boston programm. We actually give two million out around the world across programes. There are four rounds of judging. The first are just to get accepted into the programme, through applications and then in person. Then there are two rounds of judging while you're in the programme. And then that final judging session is focused on allicating the cash. And we have a million dollars. Those final judges can t it however they want. But what they do is usually look at the top start ups and split it out,. Usually the hundred k down to the smallest is usually about fifty. As it is in the poker world would be in the wi ye...
0:42 Jason intros MassChallenge CEO Siobhan Dullea
3:09 What is MassChallenge & how is it different from a typical accelerator?
5:48 How many startups do they accept across their different programs?
11:33 How does their prize money situation work? How are the winners selected?
19:05 How is MassChallenge sustainable as a non-profit
22:55 How is MassChallenge funded & how do they track portfolio success, what government & corporate sponsors looking for out of MC?
29:22 MC's top accelerator companies
32:24 What makes for a great application?
39:00 Why are East Coast investors obsessed with intellectual property? Why are they more conservative?
44:10 Thoughts on virtual accelerators?
47:20 Red flags when accepting companies?
50:08 What will change post-COVID-19?