Agile Business on the Web (long)

[El Diablo]

MrNow,

"1 in 10 chance to make 20 times your investment within 18 months"

"Assuming 30K is raised"

"The intent is to create web sites that generate $600K a year minimum"

So, your thought is, you get 100 guys to put in $300 each. You brainstorm online and come up with and execute on an idea for less than $30k total cost. And you give youself a greater than 1 in 10 chance that this site is going to generate $600k+ per year.

Your pitch here is ridiculous. What you are asking here is for people to toss $300 towards a lotto ticket. Not that there's anything wrong with that. But saying things like "1 in 10 chance" about this make you sound more like a con artist than anything else.

"Look at what www.youtube.com has done."

YouTube has taken over $12M in funding.

"The people with no imagination are not reading this any longer. So now I name a site that is generating this kind of cash: www.plentyoffish.com. Go there and ask yourself if you might like to have 1/100th of that."

I guess the picture of that check got you excited.

[Mr. Now]

The devil is in the details.

[Teetster]

You had me interested as an investor or developer until you specified C# and ASP.NET. Why specify the technology (and a MSFT one at that) if the ideas are the most important.

Part of agile development is picking the ideal tool for the job. LAMP, J2EE, hell even Perl can be best...

[avfletch]

[ QUOTE ]
You had me interested as an investor or developer until you specified C# and ASP.NET. Why specify the technology (and a MSFT one at that) if the ideas are the most important.

Part of agile development is picking the ideal tool for the job. LAMP, J2EE, hell even Perl can be best...

[/ QUOTE ]

And require less money from the initial investment in licensing.

[El Diablo]

All,

Here's a hint for you. If you have an idea that has any sort of real chance to make over $600k/yr w/ minimal development and marketing investment, contributing it to some $300/person commune for a 1% or less stake in the profits is not the savviest thing to do with that idea. Consider this and then consider the merits of this whole idea.

There are tons of people on this forum alone who can easily contribute much more than $30k to a project. If you have a really good idea, you are much better off teaming up with one of them to execute your idea.

[farang0]

^ Bingo

[Erik Blazynski]

.
you say [ QUOTE ]

Now the risk is widely diversified over 100 players, and each player is bringing his skills, insight, expertise and engagement in the process-- to the task of idea generation and final selection.

[/ QUOTE ]

In my opinion there are too many players, I am not bringing my best ideas to 100+ capitalized individuals that I do not know/trust.

I hope this happens, this will be an interesting study of the crowd, factions will form, whomever does the best job of influencing and endearing a majority percentage of the 100 will get their idea approved. It's all about marketing your idea to this 100 person crowd.

I have been doing small web projects for 8 years, 100 equal participtory stakeholders is an unmanagable number. In fact more than 2 or 3 is unmanagable.

Anyway $300 is a small price to pay to watch this experiment. I am in..

.

[El Diablo]

Erik,

"I am not bringing my best ideas to 100+ capitalized individuals that I do not know/trust."

Exactly.

I'm not sure if Mr. Now is running a con here or just naive.

[Erik Blazynski]

[ QUOTE ]
Erik,

"I am not bringing my best ideas to 100+ capitalized individuals that I do not know/trust."

Exactly.

I'm not sure if Mr. Now is running a con here or just naive.

[/ QUOTE ]

My name is Blazman, I don't know who Erik is.

I think Mr. Now is interested in bringing some good ideas to fruition, where Mr. Now does not have the Ideas or the capital. But does have some project management methodology that he would like to work with.

I don't think this indicates a con or naivety.

[El Diablo]

Blaz,

Mr. Now claims to have lots of capital.

I think it is very naive to seriously expect people to contribute high quality ideas to this effort.