High interest loans would likely get defaulted on, as $100k isn't very much money for someone who has a house, good credit or a co-signer who can help them get

High interest loans would likely get defaulted on, as $100k isn't very much money for someone who has a house, good credit or a co-signer who can help them get more. It'd be a small sector of people who'd qualify and among those, they'd either be ill equipped to hit a home-run the first time out or other factors would preclude them from succeed the way they'd want to. I appreciate the sentiment, but I think there are a lot of better ways that you could reach "ordinary people" (aka, folks who don't know what Y Combinator is and would never care) without offering them high interest loans. The barriers to entry to capital are high and programs that say "forget business plans that no one reads, lemme see what you can create in a short period of time," are the right model, but there are status quo ways to do that and the pitch of "we can create millionaires" isn't going to do much for the ones you're asking to pony up the cash.