Most people want to know why we dont take any portion of company even though we offer so much at the Microsoft accelerator.
The cynics even think we are in it to acquire these companies, or to force them to move to Microsoft technology. Its neither.
Its actually relatively simple.
Its to get more engaged with the startup community. At Microsoft we have multiple programs to do this including BizSpark, but we are not deeply engaged with startups as we’d like. We want learn about their challenges and how we can make our products a better fit for their needs as well.
I believe this to be true for my own personal life as well.
I spend a lot of time with startups (23 cities, 800+ people over 1 year), providing free sales training, spending my money for travel as well, with no intent of ever getting anything back.
I know critics and cynics thinks so I can build a brand or to “make lots of money later”.
Actually so far I have never made any money from all of these interactions and I never will.
Its simply because I want do good and I enjoy doing it.
So never bother about the cynics. Ignore them and keep doing good. It feels great and you’ll be better for it.