Hacker News new | past | comments | ask | show | jobs | submit login

I believe that's why the parent comment had used quotes. It's not a loan, it's a subsidy. Calling it a loan is misleading, because loans are meant to be paid back, and this isn't.



I believe it's a loan that can be forgiven if you fit into certain criteria. So, it's still a loan. If you fuck it up you have to pay back


It's a subsidy with a penalty for those that don't follow the rules of the subsidy.




Consider applying for YC's Spring batch! Applications are open till Feb 11.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: