Dnyanraj’s Weblog

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Posts Tagged ‘business model’

Mark Cuban is Funding Open Source Entrepreneurs

Posted by Dnyanraj on February 13, 2009

I think, this is right time to start any business because you don’t have anything to loose. Whatever customers you will be getting is your plus point & of course if you can survive in this recession period you’ll definitely bounce back with next boom..

I came across this great blog regarding Funding for Open Source business

So, if you think you have some idea which can be transfered into a big business go ahead & put you business plan to Mark’s blog.

There are certain conditions like

  • Business should be Open Source
  • Break even in 60 days & profitable in 90 days
  • Mark keeps all rights to fund a business or stop funding at all etc..

There are some more conditions, which you’ll find on his blog. Obviously there are hundreds of people submitting their business plans. I am waiting to see how many of them actually get funding & whether this creates some good companies.

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Posted in business plan, entrepreneur, job, mark cuban, News, Open Source, recession | Tagged: , , , , , , , , , | Leave a Comment »