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 don't do it and fail.
The conditions are:
- 100k profit. Donations are OK, too.
- Selling equity doesn't count towards the goal. Neither does equity valuation of any ventures.
- 100k must be cash equivalent, US dollar.
BUT there IS a loophole. I don't have to earn the 100k myself. I merely have to be "responsible" for creating it.
That means I can get help. From you.
So how about it, YC News?
This is a concrete goal and it's the right kick to actually get your business started beyond just "thinking about it." I have a big plan to make this happen, but I'll need good brains on keyboards. If you don't have an idea but have skills, that's fine.
Our base of operations is at my office at in Mountain View (http://maps.google.com/maps?f=q&hl=en&geocode=&q...)
Oh, and it starts NOON tomorrow (10/8/07 @ 12:00 PST).
There is a meeting at Neto Cafe (http://www.netocaffe.com/) on Castro in Mountain View noon tomorrow (Monday) for those interested. RSVP here or just show up.
UPDATE =================
I can spot up to $3k for expenses this month per person if you qualify.
UPDATE =================
You keep your own money.
Think "Profit Pledge Drive." You keep your own profits, but you do have to create them with something that you do within the space of the month. It's the spirit of the thing that matters.
Do you log the time you walked to the store in a "walk for cancer research" pledge drive?
My personal motivation is to simply see this happen for the hell of it. The company motivation is obviously to gather ambitious and intelligent people, which is significantly more expensive and difficult than spotting a few business expenses to try a few ideas.