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You Be the VC
Bang Ventures has launched “You Be the VC,” a new web site where entrepreneurs can submit their Web-based business ideas and the public can vote on the one’s they like best.
Ultimately, the public will decide on the three ideas they like best, which Bang Ventures will then fund, in addition to providing programming resources, management support and office space in Cambridge, Mass.
Along the way, the public votes on various tasks that entrepreneurs complete, such as a preliminary analysis and a video pitch. This is designed to model the real investment process, which usually consists of many steps.
The competition is looking specifically for web applications that can be brought to market quickly, so if you’re just one or two people with a cool idea, “You Be the VC” might be worth checking out.
Photo by Bang Ventures.
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