While developing unique ideas is a difficult task in itself, the harder part is successfully getting those ideas into the market. In order to ensure that their million dollar idea actually makes them millions, a lot of aspiring and struggling entrepreneurs turn to people who have been playing in the filed for quite sometime. One of such personalities is Elon Musk.
The South African-born Canadian-American business magnate, investor, engineer, and inventor, who is currently working on redefining transportation on earth and in space through Tesla Motors and SpaceX recently announced the launch of the Bored Elon Seed Fund.
According to Musk, everyday he finds his inbox full with mails from aspiring entrepreneurs asking for help with their inventions and products. But, his busy schedule seldom provides him with time to reply to these mails and he ends up ignoring them majority of the times. Realising that being one individual, he can only scale his time and knowledge so much, he decided to give back to the universe by coming with the Seed Fund.
A message published from Musk on producthunt.com calls for the world's greatest and worst product builders to pitch Musk their ideas directly on Twitter using the hashtag PitchBoredElon. The message, which was published on 17th August, 2017, also revealed that a week from the publication of the message, Musk will himself be selecting the best three entries and their respective creators will receive an early stage investment of five million seedlings of Kentucky Bluegrass in exchange for 0 per cent of their company.
Through this fund, Musk aims to make the universe a better place to live in. The winners of the contest will win themselves not only enough resources to cover roughly 325 square meters of dirt, but they will also get an opportunity of joining a community of some of the brightest minds in the world of tech.
So, get started, get pitching using #PitchBoredElon. Pitch your ideas here.
The South African-born Canadian-American business magnate, investor, engineer, and inventor, who is currently working on redefining transportation on earth and in space through Tesla Motors and SpaceX recently announced the launch of the Bored Elon Seed Fund.
According to Musk, everyday he finds his inbox full with mails from aspiring entrepreneurs asking for help with their inventions and products. But, his busy schedule seldom provides him with time to reply to these mails and he ends up ignoring them majority of the times. Realising that being one individual, he can only scale his time and knowledge so much, he decided to give back to the universe by coming with the Seed Fund.
A message published from Musk on producthunt.com calls for the world's greatest and worst product builders to pitch Musk their ideas directly on Twitter using the hashtag PitchBoredElon. The message, which was published on 17th August, 2017, also revealed that a week from the publication of the message, Musk will himself be selecting the best three entries and their respective creators will receive an early stage investment of five million seedlings of Kentucky Bluegrass in exchange for 0 per cent of their company.
Through this fund, Musk aims to make the universe a better place to live in. The winners of the contest will win themselves not only enough resources to cover roughly 325 square meters of dirt, but they will also get an opportunity of joining a community of some of the brightest minds in the world of tech.
So, get started, get pitching using #PitchBoredElon. Pitch your ideas here.
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