We've already gotten some witty quips and some solid advice, so I don't see the reason in me being nice with this.
Penbound (whoever on your team was kind enough to stop by), you seem to have gotten scrambled on something rather important between your second all-organic, vegan-friendly foam, $14 latte and blowing the last bits of your student start-up grant on those awesome, eye-piercing, oh-so-original, vector graphics all over your site. Here is what you got messed up on...
You think that authors are writers, that writers are people that can type shit, and that anyone who can type shit in this day and age are a dime a dozen. Whereas semi-affluent trust-fund kiddies who just got their MBAs from a business college with an idea of tapping people for a get-rich-quick online pyramid scheme are super-rare diamonds.
You have it ass-backwards, broseph.
Authors are people who work their asses off each and every day, often miserably, more often thanklessly. They are creative people who harness the written word to create living personas, deep and rich worlds, to push the boundaries of human creativity, and to inspire others to dream. They are people who pull things from out of nothing and anchor them into people's minds with such force that they can change lives or even society itself. A person who hammers words on a screen is a writer, like every jackhole on buzzfeed. Authors are an entirely different animal.
College-kiddies with MBAs are the ones who are a dime a dozen. Every entrepreneur with a scheme exists out there somewhere, and honestly people like Steve Jobs are assholes. Business hurts art. It never helps it. So, all I can see are two outcomes for your little project here.
Option 1) You re-assess the scarcity versus demand model of your project. Realize you aren't the one who is scarce and in demand. What is in demand are good authors and a bunch of unpaid business school interns getting them lattes and kissing their feet to earn a place as their eventual publishing team.
Option 2) You decide to pay off your student loan, or your hipster loft apartment bills by getting a real job and putting in a real 8-12 hour day like real people. You know, instead of being a parasite and trying to make other people do work for you and further diminish the importance of the written word/creativity in this hell-hole of a world that you and your effluent ilk have made thus far. Flip a damn burger, earn a real paycheque, and leave the starving artists alone.
We -- authors -- already get screwed in the ass enough by your talent-less, creative-less, type. Every outlet we try to get our stuff out to an audience, one of you is sitting there with another pyramid scheme to milk us dry. From Amazon, to Wattpad; from FanStory to Smashwords; from Jukepop to Radish; Inkitt to... Hell even Patreon does it. It's been done to death. Let's try something new. Let's try helping the authors rather than exploiting them. You know, something that has never been done before!
Until then, all I can say is... You know where to shove your pyramid scheme. Wide point first and remember to clench hard, you'll enjoy it more that way.