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Re:Ask HN: Why do SaaS companies display their hosting compa... by kdavis on Thursday September 06, 2012 @12:38PM (#4484958)
You are applying for $24k of hosting nothing else. They take no equity. In return you place a Rackspace logo on your home page. It's a very good deal.

What Rackspace gets is exposure, good karma, and nothing more.

The good karma, however, goes some way in ensuring you stay with Rackspace when the year is up.

PS: Yeah, there's little info provided. I heard out about it through word-of-mouth, Will Perkins at ezeep, and applied right away.

Re:Ask HN: Why do SaaS companies display their hosting compa... by kintamanimatt on Thursday September 06, 2012 @12:56PM (#4485052)
Gotcha! I'll be applying for this then!

Just one last question: why are the details sent to a seed fund or VC? The thing that's really confusing me is the affiliation with these funds.

Re:Ask HN: Why do SaaS companies display their hosting compa... by kdavis on Thursday September 06, 2012 @01:20PM (#4485175)
The details are not sent to a seed fund or VC.

The various links 21212, 3 Day Startup... confuse me too. AFAIK they are only groups Rackspace has a relation with. The links 21212, 3 Day Startup... all go to the same application form, save the image about the form.

Re:Ask HN: Why do SaaS companies display their hosting compa... by kintamanimatt on Thursday September 06, 2012 @01:21PM (#4485180)
What a strange system!

Thanks for letting me know about this. I really, really appreciate it!