What is "angelpad"

AngelPad is an American seed-stage startup incubator, launched in September 2010 by Thomas Korte with six former Google employees. AngelPad provides mentorship, seed money, and networking at two 10-week courses per year.

AngelPad attracted attention in August 2011 after announcing that each of its startups will have the option to accept $100,000 from two venture capital firms at the start of their class.

The incubator has often been compared to Y Combinator.