[SQueeeeeL]

Is it just me, or does this seem like it's likely to be extensively abused by the worst kind of startups that make flashy presentations, but don't have any sort of worthwhile tech (and when you ask them about their software, they mindlessly claim "trade secret" to skirt that fact). At least in VC, the funders put some of their own people on the ground floor.

[arthtyagi]

It seems so. Think about Theranos, would've been a breeding ground for that imo. There are many other startups who can leverage this and basically defeat the purpose of this idea. The idea is good actually though if you use it the right way but then again that stands true for most ideas that became bad, Chatroulette for example.

[Jefro118]

That might be more the case if it was a pitch competition, but those kinds of startups wouldn't do well in this kind of game if they're not making real progress.

When you've got good feedback loops in place and clear progress updates, being flashy without substance week after week just wouldn't work.

[lemonJS]

We do hope that real progress will bring in more votes form other users.

It's early days, but we do plan on adding features that allow people to better communicate their progress.

[7373737373]

It might end up more in an escalating signaling/exploitation game, but in no domains is success formally provable in a way that doesn't depend on social consensus...