Marc Cuban, an American billionaire entrepreneur has playfully launched “The Mark Cuban Stimulus Plan – Open Source Funding“.
He has invited people to openly submit business ideas (along with business plans) on his blog. His will invest in those businesses which meet his 13-point criteria.
Among many brickbats thrown at this “offer”, many have taken the bait. Links to a few ideas posted on the blog are given below:
- http://www.slideshare.net/alain94040/xtremetalk
- http://www.slideshare.net/omnivore/destination-wyoming
- http://yonkly.com , http://www.youtube.com/watch?v=AcgZH3lzrBM&eurl=http://blog.yonkly.com/ , http://www.scribd.com/doc/12034545/Yonkly-Executive-Summary
- http://www.brainbankhq.com . First client: http://gp.brainbankhq.com
- http://docs.google.com/Doc?id=dg8n78gs_0gbpcqtfd
- http://www.slideshare.net/nharlan/wse-cuban-proposal
- http://www.scribd.com/doc/12055537/Cuban
- http://docs.google.com/Doc?id=dfr3mdrk_13gpzxrz2j
- http://www.bountystorms.com
- http://docs.google.com/Doc?id=dhjcfdb3_3gbsbwqfj
Before you get excited, checkout the rules:
- Rule #3 states “It MUST BE CASH FLOW BREAK EVEN within 60 days”.
- Rule #11 says ” If you do get money, it goes into a bank that I specify, and I have the ability to watch the funds flow and the opportunity to require that I cosign any outflows.”
Still Interested? But, don’t let those rules stop you!
Attempt it as a playful exercise! Can you come up with a business idea that must cash break-even in 60 days?
Simply Play! 