1. Business school students Jen Gee (Harvard) and Corey Crawford (Templeton) saw the terms of Lightbank Start as potentially unfavorable for entrepreneurs.
  2. A Morgan Stanley mergers and acquisitions analyst in New York, Naoki John Yoshia, agreed.
  3. Still, Lightbank won support from some entrepreneurs, among them Ross Gordon, the founder of an interactive branding agency Tribe9Interactive and CraftJack, which links homeowners and contractors... 
  4. ...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.
  5. Sue Kim, a tech professional with Chicago-based software developers 8thLight, preferred Lightbank's approach to that of an incubator called Digital Garage. The incubator acquired New Context, a software consultancy, outright. 
  6. Lightbank partner Paul H. Lee took the comments in stride.
  7. 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.
  8. TechStars founder David Cohen found the trolls entertaining.
  9. Angel investor and founder of Sparkbuy (acquired by Google in 2011) Dan Shapiro offered a simple calculation for judging Lightbank Start.
  10. 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.