- Business school students Jen Gee (Harvard) and Corey Crawford (Templeton) saw the terms of Lightbank Start as potentially unfavorable for entrepreneurs.
- A Morgan Stanley mergers and acquisitions analyst in New York, Naoki John Yoshia, agreed.
- ...and Robert Leshner, the founder of San Francisco-based SafeShepherd, a security company that helps families stop data brokers from selling or publishing their personal information online.
- Lightbank partner Paul H. Lee took the comments in stride.
- As Lightbank was created by Groupon co-founders, many took jabs at the daily deals business, while critiquing Lightbank Start. Among these critics were angel investors and start-up advisers Steve Bennet, Jon Sterling and Rakesh Agrawal.
- TechStars founder David Cohen found the trolls entertaining.
- Angel investor and founder of Sparkbuy (acquired by Google in 2011) Dan Shapiro offered a simple calculation for judging Lightbank Start.
- A discussion ensued on Y Combinator's HackerNews site. One commenter called Lightbank's program a "sucker's bet," and another estimated their terms were "cheaper pro rata" than other incubators or seed deals.
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