It is getting mixed reviews, but I think this is fantastic. Want to make something geeky but need an extra 3k to do it? Ask these guys.

Consulting firm Herman Blackbook launched a new micro-fund for application developers who want to build stuff on top of “Twitter, Boxee, AppNexus, Trulia, iPhone, etc” called the New Platforms Fund.

You give up a little bit of IP…and they are only investing in “up to 10 cutting edge ideas.”

Whatcha think? Get on it!