Bing Blog

Attention venture capitalists!

Great Idea

I had a terrific idea while honking on the phone with my pal Harry yesterday. He was talking about mounting an Internet startup that could be transformed within a year or so from a cool idea into a cash bonanza of $500 million when it was purchased by a larger online company, and I thought to myself, hey, I could do one of those.

Once I got the idea into my head, I couldn't seem to get it out of there. So I figure it's a good one, right?

Here's the twist. I'm going to let the first smart person to snatch it up have it for only $100 million, if they move immediately. The way the market is going right now? That's chicken feed.

Here are some of the big assets my new project will bring to the table from Day One:

  •  A very fluid concept and operating principle: Right now, I'm wide open. I'm thinking it's some kind of widget by which people can mash up their wiki. There will definitely be streaming and searching, possibly with a business bent of some kind. Within months, we'll have established a community of people who are getting tired of the same-old stuff they're moshing at already, and flock to us. Every one of those community members is a potential customer of a range of products pretty much for life, which I'm thinking should be very interesting to marketers looking for a slice of the Gen-Zero pie;  

  •  No overhead: right now there are no employees, no office space, no serious operating expenses beyond those involved with the legal establishment of the entity and the papers involved with its sale to you;

  • Nobody knows about it yet. Every venture capitalist in the industry is looking for the next big cultural phenomenon to sweep the digital landscape. More importantly, VCs and hedge fund managers are also looking hard for ways to spend the appalling amount of money they have in hand. This would give some lucky and sagacious investment steward the chance to plump down a nice but not scary chunk of green for a start-up that has quite literally nothing but upside.

Clearly, this is a very protean idea, but it's hard to see how it could fail if we take it a step at a time with the right people, the right overall concept, the right marketing and public relations. While I believe I could be important to the effort, I would be willing to step aside and let a new team of talented young folks take my baby to the next level. I'm not greedy. Any eight-figure payout would do.

10 Comments Add Comment

Brilliant! I hereby apply for a position with your start-up. I ask no monetary compensation--a 15% share upon sale will suffice. What do you get for that 15% investment? I am certain I can actualize the potential profitability of the concept.

Throw in a huge office park with mindless carnival activities for the creatives to unwind and indoor putting greens for the hip execs to prophesy and weve got a deal

I have an idea for a company.

My company is going to be called ThinkBox. What we will do is implant a small microchip in people's heads and record their thoughts. These thoughts will be uploaded onto our servers and broadcast on a channel for that person. Eventually, our company is going to replace the human brain. Our motto will be "We Take The Thinking Out Of Thinking". Of course there will be ethicists and lwayers who will try to ruin our plans. But these people will be tarred-and-feathered until they agree with us.

Dear Mr Bing

Let me be the first to congratulate you and welcome you to the era of pap companies. Unlike the first wave of realy pointless internet experiences, this second wave is lighter. No products, no warehouses, ultimately no point. I predict that social networks will become the new Wal-Mart. I do..really

I just wasted 2 minutes of my life reading this moronic article. And here I thought, Fortune.com was a serious business minded magazine/website. Waste of time Bing, waste of time.

See, this is the kind of thing that drives me just a few yards around the bend. A whole bunch of nice, thoughtful, amusing comments, and then this guy, who complains that he has wasted two minutes of his time on my idea for a content-free company, bemoans the fact that he has not been visiting a "serious business minded magazine/website," and scolds me for wasting his time. You think I'll spend the next day or so relishing the kind, intelligent, amusing observations offered by my other readers? Perhaps a little. But it will be this sourpuss that sticks in my craw for the next 72 hours to the point where only two martinis will wash him away.

the thing about putting your thoughts out there is that not everyone will get it. certainly not someone who takes a whole 2 minutes to read 8 very short paragraphs. if they do then be worried

I like the ThinkBox idea. I find thinking to be extremely tiresome and would just as well have someone else do it for me. Sorry, I've got to go, my Blackberry just told me it is time to brush my teeth.

Mr. Bing,

I think the comments are almost as humorous as your post. Especially the guy who doesn't get it. I like to keep guys like that around the office. They amuse me.

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