I like this trend, in this case a University is facilitating alumni giving money directly to entrepreneurs. I would say that of course, we need customers, not money, but money can speed things up.
That is fascinating, somethign I think should have started a while ago. The kickstarter people are finding challenges, the SEC is getting involved, and it may be a tax-free donation to the donor but it is taxable income to the recipient, or so it will probably turn out.
I hope those are pushed back and this direct financing thing works out.
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