Hey guys, I had a website idea I tried to set up a couple years ago. I am not good at web promotion, got no traffic and shut down the site. However, it may be time to bring it back (as part of EN?) as it was a funding site. Imagine ebay… instead of items people post ideas… instead of bidding and winning an auction, people contribute money and “buy” a portion of the profit. The ideas creator retains all rights, and 60% of the profit. The remaining 40% is split among all who invest proportionately to the amount contributed. The main benefit in my mind to this method was that the average Joe could invest in an idea he liked, even if all he could give was just a couple bucks. The site was meant to protect the annonimity of creators and investors, handling all financial traffic (I was going to use paypal) Posting to the site was to be completely free. A small percentage cut of all financial traffic through the site was to pay for site maintenance and such.

Having posted this I realize someone may take this idea and run with it. Be my guest. If a site like this existed it would benefit the entire inventor, innovation, entreprenurial community enough to make it worth someone else bringing it to life. I would appreciate a small royalty, say 0.5% of all traffic, in that event.

Seth Cox