Comment by YCW10

It is a free country, but this is a gross idea. Thankfully it seems not to be attracting any entrants. MIT's 100K competition gives almost the same cash outlay for no equity and MUCH better connections and support. According to his model he gets 10% AND $800K in "management fees" if everything was to go as planned (100 entrants per quarter). I hope this is the last we hear of them.