[ValG]

This is a very interesting and negative way to look at it. Male-Female (and vice-versa!)exploitation is illegal no matter the situation and automatically going to such mindset ("dirty old man") says more about you than the program; everyone of their investors is accredited and, as such, must have a net worth over $1mil, they're not randoms picked off the street. If you look at their current backers, they work for MIT, Google, or other such prestigious companies. I would be willing to bet they have a vetting process complete with background for their backers as well as their upstarts. But as I mentioned before, I have a call with them scheduled for this Thursday, so I'll let you know the details.

[capsule_toy]

I agree that it's low risk, but I don't think you can discount it completely. We have had public cases of high net worth individuals and people from prestigious companies doing immoral things (eg Kleiner Perkins, HP).

[ValG]

Point well made, but that risk is present in almost all circumstances where you are working for someone else (whether it's a traditional job and your boss makes suggestive comments/moves, or a client who insinuates they will give you more favorable terms if you do certain things, or a vc who will fund your idea/company if etc...). I would argue that the risk for a high net work individual is much higher b/c they have more to loose, so they would be less likely to do these things. Or maybe they're just better at getting away with it...