Microsoft Should Invest in Startups a la YC (blog.blist.com)

http://www.microsoft.com/business/startups/default.aspx might not be exactly the same thing, but its not like MS is sitting on the sidelines when it comes to startups.

Although not a VC program, but Microsoft does have a 'Startup Accelerator Program': http://microsoftstartupzone.com/accelerator/country.aspx?c=e...

Startups like Xobni, Loopt, JaJah, Me.dium, PageFlakes, PlentyofFish etc. seem to have participated in this program.

Currently it reads:

At this time, we are no longer accepting new applications as we have reached full capacity. We apologize for the limited number of space and would encourage you check back in September for additional program that may meet your business needs.

Scarcity illusion?