Am I the only one who thinks "Wise Guys" is a poor choice of name? I can't help but think they're somehow connected to organized crime.

I suppose it is to do with the previously coined #estonianmafia hashtag by Dave McClure as per my TechCrunch post in 2011 http://techcrunch.com/2011/10/11/startup-sauna-puts-estonian...

The Wise Guys name is a light-hearted attempt to communicate the fact that the Estonian and Baltic startup communities are infiltrating the world and yes, this comes from Dave McLure's coining of the #estonianmafia hashtag on Twitter.

Startup scene in Estonia:

http://siimteller.com/2012/02/more-accelerators-than-startup...

Siim Teller is one of the mentors at Wise Guys http://www.startupwiseguys.com/mentors

How is €5000 per founder (max €15000/team) for 8% equity, compared to other accelerators?

You can see comparison for other European accelerators here http://startupfactories.eu/

And for Eastern European accelerators here http://goaleurope.com/2011/11/23/eastern-europe-innovation-e...

Its only 3 days to go, lets see how many new teams will sign up.