All of Steen Hoyer's Comments + Replies

CEO Nick B wrote that “funding applications will not be made public”, for what its worth. 

I think that's referring to something else (see the comment above his response). I completely understand the reasons for not releasing all submitted proposals to the public. 

I'm  asking for the final results of the round - simply, which projects were funded? This doesn't seem unreasonable to ask, as most foundations usually do release some information about who and what they fund. Also FTX feels like it's modeled a bit on YCombinator and they definitely release a list of startups funded each cycle. It's good for transparency, but even more so for helping future applicants get a sense of what a particular funding body wants to invest in. 

Are you not asking about the first question in the ‘Other’ section at the end?

I.e. “one-minute video (unlisted Youtube video). Please follow the Y Combinator application video guidelines: https://www.ycombinator.com/video/ ”.

It appears that they want applicants to upload a video, set it to private, and then paste in a link (rather than sharing a video file directly).

Under the first FAQ question on the Apply page: “In order to distribute labor and keep ourselves focused, we don’t accept applications seeking less than $100,000.”

1
Simon Skade
2y
Ooops I missed that, thanks!

The email with the responses eventually came through, after a delay, so I am all set. Sorry for the noise.

1
Jenna Hua
2y
Good to know. I will be patient then to see if the copy came through today. Thank you for this post!

Semirelated question: Do you expect to provide explicit rejection notifications for projects that you choose not to fund?

I see from your FAQ that you “usually don’t provide feedback because we have a small team and face capacity constraints”, which makes total sense. I also see that you anticipate making a ‘revise and resubmit’ decision on some proposals. I am rather asking about sending applicants a ‘Sorry not interested’ note.

It might be nice to do this, though I understand it may end up being logistically impossible.

I submitted a proposal on someone's behalf today. It all seemed straightforward and I really appreciate the simplicity of the process!

However, the form said that “A copy of your responses will be emailed to the address you provided” and no such email was received.  (It did not get caught in a spam filter, as far as we can tell. I'm part of a team and pasted in the email address of the designated leader.)

I got the ‘Your response has been recorded’ screen, so I am pretty sure that submission worked, but I cannot help wondering if I made some strange err... (read more)

1
Jenna Hua
2y
Same thing happened to me, and wondering if the application was for sure received. It would be awesome to know from someone at FTX.
1
Steen Hoyer
2y
The email with the responses eventually came through, after a delay, so I am all set. Sorry for the noise.
5
Steen Hoyer
2y
Semirelated question: Do you expect to provide explicit rejection notifications for projects that you choose not to fund? I see from your FAQ that you “usually don’t provide feedback because we have a small team and face capacity constraints”, which makes total sense. I also see that you anticipate making a ‘revise and resubmit’ decision on some proposals. I am rather asking about sending applicants a ‘Sorry not interested’ note. It might be nice to do this, though I understand it may end up being logistically impossible.