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I much prefer http://launchset.com as a "place for hackers to get together" project. Launchset seems like it genuinely wants to bring hackers together. Hackers Den seems like it's trying to make money from hackers, without providing any value back (who's on the panel?)

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Hackers Den could have a commercial aspect to it. Money raised could be used to pay the contributors or it could be used as a prize draw for the best of the best. I'm certainly not against any commercial aspects but that really is miles away at this point. My intent is to develop something entertaining and of use to us all.

LaunchSet.com has absolutely no public information on it. The only links require you to sign up.

yeah I know, that's the main piece of feedback that people gave yesterday: http://news.ycombinator.com/item?id=1575098

once you take the plunge though it's pretty cool, I can see real potential.(I'm not associated with the project at all, I know I'm sounding like I am).

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