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Angel Investor/ Builder
Is the hack something fresh, new, and creative? Is it more that more that just your typical generic social/mobile app? Does it take a whole new approach to an old problem?
Is the hack technically interesting or difficult? Is it just some lipstick on an API, or were there real technical challenges to surmount?
Polish / Design
Is the hack usable in its current state? Is the user experience smooth? Does everything appear to work? Is it well-designed?
Is the hack practical? Is it something people would actually use? Does it fulfill a real need people have?