Microsoft Officially Launches Its New Angel Fund And Incubator Program
techcrunch.com
techcrunch.com
(During the 90's people called Microsoft "the Borg", which does a disservice to how to company actually operates. Microsoft is actually more like the Ferengi, which is to say, an alliance of individuals obsessed with profit and trade who are known for their business acumen.)
Aren't most programs/projects owned by 1 division? What is representative of Microsoft when everything falls under one division or another? Statements by the board?
This is evident from statements from the "About" page like this one: Q: "Should my startup apply to Bing Fund, Microsoft Accelerator for Windows Azure, and BizSpark? Can we apply to all of them?" A: "Any of these programs could be appropriate for your startup, depending on your stage of development and the kind of resources and support you need."
If the Bing accelerator was aligned with, or had buy-in from, other divisions inside of Microsoft, this statement wouldn't be necessary.
This is different from BizSpark (for example), which is administered mostly out of the "Server and Tools" division, but has buy-in from every other division inside of Microsoft.
So what this means is, if your startup is doing something that aligns very well with the goals of the Bing division, then you should apply to the Bing Fund. If your startup is doing something that aligns best with the goals of another divisions, then, who knows?
Still it's an avenue that to many is a faustian deal, but it is still a option that many others will apprecieate - even if it does seem a way to promote bing and azure.
Still +1 to you for raising a fair point, even if i disagree.
I am not sure why this was made explicit? People shouldn't join their fund to get acquired by MS, they should aspire to build a long-standing business.
https://www.bingfund.com/About
What if my company is not located in the Seattle area?
While we will be able to give more hands-on assistance to startups that are nearby, as long as your company is incorporated in the United States, you will get the same benefits, with the exception of co-workspace.
Microsoft [...] promises that the IP and product will remain in the hands of the participating companies.
No thanks.Shouldn't the companies be allowed to keep their own IP and product?