"You be the VC" launches
See the video above (or click here if you’re reading in RSS) for information about YouBeTheVC.com, a new site where users get to select who gets funded.
Y Combinator, TechStars, Plug and Play and now PARC are just some of the organizations that pair investing with an incubator environment for small startups. New York-based Bang Ventures, a self-styled investment firm, not a VC, is launching a online social network called “You Be The VC,” where startups submit their business plans then compete for funding. The public can vote on their favorite companies, then Bang will fund the top three companies with $15,000 and a host of other incubator services. It also includes social networking features so contestants can also meet each other and network.
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About the Author, Matt Marshall
Matt launched VentureBeat in September of 2006, with the realization that no one else was covering the entrepreneurial and tech innovation scene with the velocity or depth that he was. Prior to founding VentureBeat, he covered venture capital for the San Jose Mercury News from 2001 to 2006. In 2002, Matt was awarded "Journalist of the Year" by the Northern California Society of Professional Journalists. Prior to working at the Merc, he was a correspondent for the Wall Street Journal in Bonn, Germany from 1995 to 1998, and a writer for the Washington Post in 1994. Matt holds a PhD in Government and an MA in German and European Studies from Georgetown University. In addition to VentureBeat, Matt is also the Executive Producer of DEMO, the leading launchpad event for emerging technologies.
