Confused by the headline? Don’t be. Memphis Entrepreneur Harold Strong launched a photo sharing startup called YaDoog at 48 Hour Launch back in June. The premise for YaDoog was a little different than other photo sharing startups. Strong wanted people to share their photos in an organized “day in the life” manner. The idea was going to be perfect for wedding days, a newborn’s arrival, and other significant life events.

Strong had a lot of support at that 48 Hour Launch and his idea was selected to build out. After one heck of a great Sunday pitch Strong was feeling great about the idea. It appeared that he was building off the momentum but as with a lot of weekend startup hackathon events, many of the team members went back to their normal lives come that Monday morning.

Strong abandoned the idea in time for Startup Weekend Memphis later this past summer.

That’s when he came up with Acquire For Pennies. This new startup idea makes sense. The premise is an online auction site or e-commerce platform where startup founders can sell their startup idea and the accompanying intellectual property easily.

The idea is perfect for people who develop good ideas at weekend startup hackathon events like 48 Hour Lunch and then don’t have the time to follow through. Another great use case would be serial entrepreneurs who are more idea people rather than follow through. Some entrepreneurs know they have a good idea and then they’re struck with another great idea.

With Acquire For Pennies, any entrepreneur or founder can sell their idea.

Strong has already thought of a way to handle the sale of the idea and intellectual property without disclosing the entire idea in public view.

After pitching at two different weekend startup hackathon events, the June 48 Hour Launch and Startup Weekend, Strong’s Friday pitch for Acquire for Pennies was great. By Sunday evening we’ll see how well the weekend fared for Strong.

Here’s the Friday Pitch:

Here’s Strong’s pitch for YaDoog from June

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