Y Combinator President Sam Altman. Drew Angerer/Getty
Y Combinator, the largest and most prestigious startup accelerator in Silicon Valley, has announced new details of its upcoming experiment to give Americans free money.
YC will select 3,000 people across two states and divide them into two groups. The first group will include 1,000 people who will receive $1,000 a month for up to five years. The second group of 2,000 people — which the study will consider its control group — will receive $50 a month.The goal is to answer a simple, yet bedeviling question: What happens to people’s quality of […]
Full Post at www.businessinsider.com