Tuesday, February 10, 2009

Open Source Stimulus

I like a good idea. And today I discovered at least two great ones.

My entrepreneurial friend Scott Yates, who sold his start up a few years ago to Traffic.com, detailed his close encounters with Dallas Maverick's owner Mark Cuban. It seems that Mark wants to create an economic stimulus plan that actually creates new businesses. He has invited aspiring entrepreneurs to post their ideas open source style to his blog. He will commit to funding the best ones.

Scott took the challenge and posted an idea called Second Saturday Science. Mark liked the concept and has been communicating with Scott throughout the day.

By the way, Scott was a valued participant during our second Faithventure Focus Event this past fall. I wonder if Mark Cuban would have any interest in a venture idea that would use a sustainable business to create opportunity for individuals rebuilding lives? If you have such an idea, maybe it is time to share.

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