The Mark Cuban Stimulus Plan
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’m a big believer that entrepreneurs will lead us out of this mess. I just needed a way to help.
…I will invest money in businesses presented here on this blog. No minimum, no maximum, but a very specific set of rules.
Mark calls his plan “open source funding,” because in order to seek funding from him, a business owner has to present their business plan on his blog with the intent that others may (and should) copy the plan in establishing their own businesses.
So far, Mark reports that he is considering funding 12 of the businesses that have been submitted on his blog, and appears to be open to more.
Can I just say that I love this idea! Mark is actually stimulating the economy by helping build business and he’s doing it by investing, which will do much more for the economy, the businesses, and the people involved in both the long and short runs than any multi-billion dollar government boondoggle ever will.