[sbraford]

Have you guys heard of The Business Experiment?

It was trying to do a lot of what's being described here.

I also tried to do something similar back in the day, a kind of "human capital investment group."

What any "group" that gets together like this will inevitably find is, 99% of people, or more, will just want to put up ideas. The people who would actually implement them (like myself and other entreprehackers on here), already have way to many ideas of their own that they don't have enough time to pursue.

[mojuba]

Looks like TheBusinessExperiment.com is currently down. Can you tell us please what was that about?

[sbraford]

hey mojuba, sure.

it was kind of like what's being described in this thread.

the difference was that the creators wanted to somehow compensate (with stock) both all of the people who submitted ideas / feedback.

you can't do that though without coming very very near to violating SEC regulations. (Agloco will surely run into this issue as well)

Net result: The Business Experiment had a hard time finding anyone to actually code up the ideas.

While their first idea was still in development, a competitor came out that totally demolished their potential app's functionality.

The idea was something like Google Answers meets Wisdom of Crowds.