Kyle
Over 20 ideas for startups were pitched Friday evening at 48 Hour Launch in Memphis Tennessee. One of the great ideas was pitched by Memphis entrepreneur Bryant Williams.
Williams wants to take advantage of the JOBS Act and crowdfunding legislation slated to take effect next month. Williams has a rather unique approach though.
What he is hoping to do is have a startup, entrepreneur or whoever is looking for crowdfunding for their project to get it based on the merits of their social graph. Basically, someone looking to get crowdfunded via Williams’ new startup would have to have their Twitter and Facebook influence factored in.
While Indiegogo and Kickstarter both allow for comments on their pages, it’s just another social network to comment on. Why bother utilizing a new comment space when you’re already posting on Twitter and Facebook anyway.
First things first though, is we have to hear the rules on the JOBS act. The SEC has until July 4th to establish those guidelines. Check out Williams pitch below:
Linkage:
See More of our 48 hour launch coverage here
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