I was at the NH Writers Project, writers night out in Portsmouth last night and there was a representative from www.inkubate.com there. Apparently they are launching a service that pairs writers with publishers/ agents.
To me, this sounds a little too good to be true as they claim a payment every time your profile is viewed and when an agent/ publisher agrees to "bid" for an opportunity to negotiate with you (not a bid on your work, it is very clear that you maintain copyright and you negotiate the terms of publication outside of the site).
They do not collect money from writers, which is a plus and they claim they already have Houghton Mifflin Harcourt signed up for their beta. as well as two they couldn't name.
The only downside I could find in the terms of service was:
1. you cannot seek representation or contact editors directly while your work is on their site, but you can remove it at any time.
I'd like to hear from the experts here what they think about this. I did a quick search on absolutewrite and couldn't find any existing threads.