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December 05, 2004

Raise Money for Your Startup

If you aren't getting any bites from the Angel and VC world, here's a way to raise $50 million for your start-up (or to buy yourself an island, for that matter).  Space.com has posted information on how to win $50 million.  Of course, the catch is you've got to build a spacecraft capable of taking a crew of no fewer than five people to an altitude of 400 kilometers and complete two orbits of the Earth at that altitude.

Sort of reminds me of Steve Martin's old routine on how you could be a millionaire and never have to pay taxes.

Posted by Kenny Hoeschen at 09:53 AM in Venture Capital | Permalink


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