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	<title>estatecreate blog &#187; Venture capital</title>
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		<title>Post your business plan to the comments of a blog</title>
		<link>https://www.estatecreate.com/blog/?p=43</link>
		<comments>https://www.estatecreate.com/blog/?p=43#comments</comments>
		<pubDate>Tue, 10 Feb 2009 16:49:06 +0000</pubDate>
		<dc:creator>henryyates</dc:creator>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[Economy]]></category>
		<category><![CDATA[Start ups]]></category>
		<category><![CDATA[Entrepreneur]]></category>
		<category><![CDATA[Mark Cuban]]></category>
		<category><![CDATA[Venture capital]]></category>

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		<description><![CDATA[Image via CrunchBase Why would you do that? Well, Mark Cuban has just asked people to do just that here. It is his &#8220;Open Source Funding&#8221; plan to help kick start the US economy by creating jobs.  He says &#8220;Rather than trying to be a Venture Capitalist, I was looking for an idea that hopefully [...]]]></description>
				<content:encoded><![CDATA[<div class="zemanta-img" style="margin: 1em; float: right; display: block; width: 260px;"><a href="http://www.crunchbase.com/person/mark-cuban"><img style="border: medium none; display: block;" src="http://www.crunchbase.com/assets/images/resized/0001/0737/10737v2-max-250x250.jpg" alt="Image representing Mark Cuban as depicted in C..." width="250" height="166" /></a><span class="zemanta-img-attribution" style="font-size: 0.8em;">Image via <a href="http://www.crunchbase.com">CrunchBase</a></span></div>
<p>Why would you do that?</p>
<p>Well, <a class="zem_slink" title="Mark Cuban" rel="wikipedia" href="http://en.wikipedia.org/wiki/Mark_Cuban">Mark Cuban</a> has just asked people to do just that <a href="http://blogmaverick.com/2009/02/09/the-mark-cuban-stimulus-plan-open-source-funding/" target="_blank">here</a>. It is his &#8220;Open Source Funding&#8221; plan to help kick start the US economy by creating jobs.  He says <em>&#8220;Rather than trying to be a Venture Capitalist, I was looking for an idea that hopefully could inspire people to create businesses that could quickly become self funding. Businesses that just needed a jump start to get the ball rolling and create jobs. I&#8217;m a big believer that entrepreneurs will lead us out of this mess. I just needed a way to help.&#8221;</em></p>
<p>To qualify, businesses need to be cash flow break even within 60 days and be profitable within 90 days. So what sort of business could that be? How about a UK start up with a product ready to be shipped and a business model that could work in the US? Why wouldn&#8217;t you want Mark Cuban to help you launch in the US? Did I post our business plan on his blog? Of course I did.</p>
<p>UPDATE (15th Feb): 1,300 comments and counting!</p>
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<li class="zemanta-article-ul-li"><a href="http://www.vator.tv/news/show/2009-01-14-entrepreneurs-will-lead-us-out-of-this-mess">Entrepreneurs will lead us out of this mess</a> (vator.tv)</li>
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