I'm confused: how is this a version of ASK HN? It's clearly an early beta deployment of a product from the TechStars startup Sponge <http://getsponge.com>. Considering all the activity in the Q&A space lately, this title seems unnecessarily hostile.
This is a Great program. It puts people directly in touch with very interesting an helpful advisors, and lets you ask them quick one/two paragraph questions.
Then, it shares the advice out so everyone can benefit from it as well.
Take all those answers with a grain of salt. Remember: He's saying "Feel free to apply" That's the same as a loan officer at a bank. They'll tell you to apply for a loan even if you're unemployed and 100k in debt. That's no guarantee that the application will go anywhere, but they want to keep the pipeline full.