Re:Startup that Predicts Success of Other Startups
by ChaitanyaSai on Tuesday February 19, 2008 @03:00AM
(#118777)
What about a futures market that offers non-voting shares in startups (or Vegas-style wagers)? Startups relevant to the traded instruments can accrue some percentage of the option price. This gives you predictive power and funding. There must be some major pitfalls that I can think of, other than startups deliberately going belly up to cash out negative wagers :)
One aspect of Ycombinator is, I guess, that of a prediction market with people trading in early attention and uptake.
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