1. Get a project idea.
2. Set a fundraising goal and a deadline.
3. Ask people to pledge to support your project.
4. If you raise enough pledges in your goal timeframe, you get the cash (and should deliver the project!)

This is awesome.

My favorite part: "He called Standard & Poor’s and asked what would happen to default rates if real estate prices fell. The man at S&P couldn’t say; its model for home prices had no ability to accept a negative number."

like GoToMeeting, or WebEx, but free for up to 20 participants, plus built in video + voice. cool.

web startup ideas brainstorm blog