Originally posted on VentureBeat:
Notable startup incubator 500 Startups is launching its first application process today through AngelList.
500 Startups is an early-stage seed fund and incubator program that’s become a brand name over the last few years. The group invests $25,000 to $250,000 in primarily consumer and small-to-medium-size Internet startups as well as startups related to web infrastructure services. But until now, companies needed a recommendation from a 500 Startups partner to join the program.