[jaequery]

But I see a problem with this model.

I think the more startups apply, the less value angellist is going to provide to startups and investors. I think, that's pretty obvious. It's quality not quantity. I'm sure for sake of angellist, they want to get more users. But you can't have both, somewhere there has to be a sacrifice to be made.

Honestly, I hope angel list stays small. The more exclusive it gets, the better. I just don't want this place to turn into another myspace that is littered with millions of "me too" startups and profiles no body cares about. Then at which point, no one will take it seriously.