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So is this like an intrade for startup success or failure? Kinda like a deadpool? I'd think there'd be too much potential for gaming such a system if I unders
by mchannon 15y ago
So is this like an intrade for startup success or failure? Kinda like a deadpool?
I'd think there'd be too much potential for gaming such a system if I understand it right. I can bet on who will win an election and that works out because a candidate won't throw the election in order to bet and win on his opponent.
That's not necessarily the case with startup X #119, particularly when I can set up startup X #120 with the same IP and concept and game things again.
- deleted 15y ago[deleted]
- sharemywin 15y agoAny start up that registers would have a stock price as they progress through creating a working product, adding a feature, filing a patent, publicity etc their stock price would go up or down based on who's trading on it. Only 1 unique stock trader per domain. or a valid telephone number maybe using automated verification. Something that has an external cost to entering but not an outright entry fee(legal reasons). The contests would only run like 3 months similar to Ycombinator.
- sharemywin 15y agothe value to the startup isn't the prize but the feedback from the stock price and helping to build a community around the product.