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TechCrunch
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Powerset gives founders $1 million to invest in other startups
- Powerset is an investment program that gives five to ten founders $1 million to invest in other startups.
- Founders receive fifteen percent of the profit made from their investments.
- The program encourages founders to mentor and advise portfolio companies.
- Powerset looks for founders who are deeply immersed in the tech ecosystem and building their own companies.
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