This weekend you can see the LIVE creation of a new company on Ustream.TV. This is a fascinating idea and Ustream.TV will definitely follow their success. We can’t wait to see the final product! Good luck guys! See more information below:
by Michael Arrington of Techcrunch.com
StartupWeekend
is occurring right now in Colorado. The goal – create a startup in one weekend, which will be called vosnap. Everyone who attends is a founder, with equal equity. Ideas for what the company will be have been gathered since June. Last night the group decided which idea to pursue out of fifty submissions.
The winner: a product that facilitates quick decision making among a group. Choices will be sent out to the group via email and text messages, responses are gathered within a window of time.
The weekend will be spent building it, and launch it by midnight Sunday night.
The event is being run by some of the guys from TechStars (a Y Combinator-like incubator), as well as others, but it is not one of the TechStars startups.
We’ll be updating with more information as the project progresses. I’m fascinated to see what seventy people are able to put together over one long weekend of hacking
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