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JumpStartFund Takes On Challenge Of Making Elon Musk’s Hyperloop Concept A Reality

JumpStartFund Takes On Challenge Of Making Elon Musk’s Hyperloop Concept A Reality

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Published by: Crowdsourcing.org on Aug 29, 2013
Copyright:Attribution Non-commercial


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JumpStartFund Takes On Challenge Of Making Elon Musk’s Hyperloop C...http://www.businesswire.com/news/home/20130829005209/en/JumpStar...1 of 38/29/2013 10:26 PM
We believe the world isfull of entrepreneurs thathave great ideas but donot have the time or resources to make them areality”
August 29, 2013 09:00 AM Eastern Daylight Time
JumpStartFund Takes On Challenge Of Making Elon Musk’s Hyperloop Concept AReality
Crowd-Powered Portal for Startups, Small Businesses and Entrepreneurs to Feature Latest Musk Idea on Its Platformand Will Ask Members to Vote, Comment and Refine the project
EL SEGUNDO, Calif.--(BUSINESS WIRE)--JumpStarter Inc. today announced it has reached out to SpaceX to featureElon Musk’s Hyperloop concept on its recently launched crowd-powered platform, JumpStartFund.com. The Hyperloop“project,” which is now LIVE, will go through the platform’s standard “evolutionary” processes, that access the power of the crowd to vote, comment, vet, refine, and impact ideas in development - from conception to funding.Once the JumpStartFund community has had their initial say (voting and commenting),vetted the Hyperloop concept and expressed interest to get it to the next steps, theproject is then moved into a “work in progress” state where members will be furtherasked to collaborate on every aspect of bringing the concept to reality - participating inmarket research, voting on a number of issues (i.e.: design, naming, manufacturing,marketing, etc), coming up with additional ways of using the idea, and creating a teamsurrounding its development.“We believe the world is full of entrepreneurs that have great ideas but do not have the time or resources to make them areality,” said Dirk Ahlborn, CEO and co-founder of JumpStartFund. “JumpStartFund was built for that reason alone – toprovide them with a place to bring their ideas to reality!”
 About JumpStarter Inc.
El Segundo, CA-based JumpStarter Inc. is a crowd-powered startup that gives accredited investors access to exclusivedealflow and technology transfer opportunities. Its flagship Internet platform, JumpStartFund.com, is both an equity- andrewards-based crowdfunding platform, which helps people raise money for startup companies and a wide variety of projects. Using the disruptive power of the crowd to vote, comment and contribute on ideas in development, JumpStartFund helps create companies that might not have been. Founding members have been part of the GirvanInstitute of Technology, a non-profit, public benefit corporation chartered to facilitate the transfer, development andcommercialization of technologies, and to foster the growth of early-stage high-tech companies. JumpStartFund’s primarymission is to help both entrepreneurs and investors leverage the power of the Internet to make it easier for companies toraise capital. For more information, please visitwww.jumpstartfund.com.~Additional company and product names may be trademarks or registered trademarks of the individual companies andare respectfully acknowledged.
JumpStartFund Takes On Challenge Of Making Elon Musk’s Hyperloop C...http://www.businesswire.com/news/home/20130829005209/en/JumpStar...2 of 38/29/2013 10:26 PM

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