Showing posts with label capitalism. Show all posts
Showing posts with label capitalism. Show all posts

Sunday, January 15, 2012

In on the Ground Floor

I had some similar thoughts in a post What If.  What if you could get in on the ground floor of an internet start-up like Twitter? Even only taking a tiny percentage would be worth a LOT today.

This time there's a group that has a better idea of what it would like to accomplish, appropriate scope, and a real formulation for sharing private equity in internet start-ups by helping them get off the ground and spreading the word for a starting user base.


The company is Wahooly and I'm proud to say that I am one of the 27,000+ initial members.  According to CEO Dana Severson, some 250 start-ups applied but only 200 will be accepted the first year.

About 50 internet start-ups per quarter will run their paces through the initial members, some having a limited number of people.  The first round of start-ups will be provided to members some time later this month.

Severson joined David Domzalski on Financial Bin Radio for an interview explaining the overview of Wahooly.  Check out the interview here.

Wahooly elsewhere on the web:


#TeamWahooly

Saturday, April 4, 2009

What If

If someone had told you 2 years ago that a simple status update logging site with an additional direct message (both only 140 chars) and followers/ees would be offered $500 million, you would have said they were crazy.

Twitter turned down that offer. You might say that's more crazy, especially with it's "value" at $250 million. (2 more things you wouldn't have believed.)

In the Twitterverse/Twittersphere I ran across an interesting concept for social media and social networking that is just starting out.

It's free to join and you get 100 "shares" for signing up. That might be worth only 10 pence now but imagine if you had that or more in twitter before it might sell for more than $500 million.

You also get bonus "shares" for referring people. The people will later have to complete the sign-up process which will include address as required for share certificate by UK law, and verified as unique individual (no signing up other email addresses as fraud to get more shares).

The video on the site is a bit cheezy and not-so convincing, but if you do the preliminary sign-up you see the experience backing the development of the site.

Imagine a global social network that is also a global marketplace and entertainment centre. After seeing a lot of the bits and pieces, and some conglomeration of them and competing efforts and seeing how all of the things you want to do requires several site registrations so why not make a place to do it all in the same place?

http://me2everyone.com/376203 wants to be that unified place.

Consider signing up and you could own shares in the next Twitter or FaceBook or MySpace that might even replace them. Nearly 400,000 members are already signed up worldwide. As a shareholder you would benefit from profit but not be liable if there are any losses.

You have nothing to lose and might just be ahead of the curve signing up for the next big thing before it makes it big.

At worst it could be part of the New World Order but in that case might be the only means of global capitalism left.

Backing by the UK government displays an effort for entrepreneurial reform to bring some health back to the global economy. This could create millions of jobs for individual entrepeneurs whose companies get big enough to hire more people to keep up with business.