(2012-12-27) Pinboard Investment Co Prosperity Cloud

Maciej Ceglowski announced the Pinboard Investment Co Prosperity Cloud which will involve him picking 6 Start Up-s to get free publicity on PinBoard (plus $37). I've been claiming for a while that the current culture of VC and angel investing has made the definition of 'startup' unnecessarily narrow. My goal is to give a leg up to innovative projects which, because they do not aim for explosive growth, hold little interest for traditional investors. (Life Style Company)

Marc Andreessen, a old hand in Silicon Valley Venture Capital circles (who also owns a stake in AppNet) and Thomas Ptacek, a renowned independent developer, both agreed to dish out an extra $50 to each of the six winners. Several hosting and services firms have also stepped up.

Jan13'2013: He announced the 6 winners out of 306 applicants.


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