posted on 27/07/2012 21:18http://pandodaily.com/2012/07/27/virtual-incubator-to-all-nreduce-adds-mentors-and-demo-days-is-it-the-pre-angellist/ →
Several months later, the project has turned into something far more substantial. NReduce – as it’s called now — is helping guide some 200 startups through the daily blocking and tackling of company building in a novel, distributed way. It just launched a list of 50 mentors whom entrepreneurs can reach out to for guidance, and will host its first demo day on September 5. Yet nReduce still clings to its idealistic roots: Everyone is still welcomed in, and unlike “real” incubators nReduce doesn’t take any equity.