Ultimately there's no substitute for human judgement to filter things. It's just a question of who makes the call, and how "democratic" the process is. "Int

Ultimately there's no substitute for human judgement to filter things. It's just a question of who makes the call, and how "democratic" the process is. "Interestingly, about 95% of companies that apply to be featured on AngelLiist do not get intros. Only the top 5% are emailed out to angels for review. Ravikant and his team select companies only if they can show some growth, an angel or founder who is a known entity, or a known advisor or colleague who endorses the company."