Million Dollar Experiment: I haven't heard of this, but you're exactly right. I'm glad I core dumped this idea here first. Wow, risk is hard in practice as a tech guy.
Thanks for the tip.
The DNS will be resolved by sometime Monday.
Also, "VC firm" means something else that we're not doing. This is an angel fund run by bored geeks in silicon valley. That's it.
If it can be done for hacking projects, it can be done for business.
You keep your own money.
Think "walk miles for cancer research" drive. The catch is that what creates the profit needs to be made / done this month. It's against the spirit of the contest to log income from elsewhere.
Also, this has nothing to do with my employment, nor are you giving me or my company anything. It's merely a "profit pledge drive." Self reported.
BUT: something like this, in such a short time, is best done collaboratively. That's the objective. It's a goal, and nothing more or less.
Edit: see update.
I'll see how much capital I can get on short notice. Seed amounts (a few thousand for equipment like PCs and office stuff, base living expenses) I can spot. Office space too, though we're in the process of moving from a small office to a larger one, so I can't spot you a private office this month.
Real capital, what you would need to hire and whatnot... that's a process that takes longer than a month, so it's not immediately applicable. There's no reason not to raise capital, though.
Here's the deal:I met this guy, Paul Charlton (http://www.linkedin.com/in/techguru), at a SuperHappyDevHouse party (http://superhappydevhouse.org/).Long story short, I'm now "Director of Ventures" at Ventures by ByIQ. I'm 23.While the fund is being raised (probably about 10MM), my first task is to "earn $100k in one month."There's no catch, no reward, and no consequence. Just do it and win, or...