"There are actually two sites that exist where you can apply for entry. They are heavily populated by people who already work at hedge funds, so the process is

"There are actually two sites that exist where you can apply for entry. They are heavily populated by people who already work at hedge funds, so the process is pretty rigorous." Here's an idea: let HN users above a threshold post ideas into the site. I recall hedge funds investing in startups. http://www.hackernewsers.com http://www.hackernewsers.com has already devised a way to verify its accounts against underlying HN accounts. Users can also link to a Stack Overflow account, and in theory users should be able to link to freelancer sites for gathering metrics on a user. I'd have a way whereby hackers can take a YC application form and submit it to sumzero users: either all, a named list, or upon request. Have a way where feedback can be given as well. If not the YC application form, then they can pick from say 5 different submission forms, all varying in detail and types of information submitted.