Hacker News Reader

"For a nominal fee, you may fill out a preliminary MicroVentures funding application and submit your business plan."

Pay to play? Are you kidding? All my enthusiasm got wiped out as soon as I read that sentence.

The fee is $99 and we do that so that we get legitimate businesses who are interested. We also have guidelines on the site to prevent businesses from applying that we know we will decline because they don't meet our criteria.

Bill

Reply on news.ycombinator.com